Section 12-203 - Records of wholesaler.
§ 12-203. Records of wholesaler.
(a) Required records.- Each wholesaler shall:
(1) keep an invoice for each purchase of tax stamps;
(2) maintain a daily record of the tax stamps affixed to cigarette packages; and
(3) maintain a complete and accurate record of each sale of cigarettes or other tobacco products for resale outside of the State.
(b) Retention and examination.- A wholesaler shall:
(1) keep the records required under subsection (a) of this section for a period of 6 years or for a shorter period that the Comptroller authorizes; and
(2) allow the Comptroller to examine the records.
[An. Code 1957, art. 81, §§ 449, 450, 451; 1988, ch. 2, § 1; 1999, ch. 121, § 3.]