Minnesota · retail · cost floor
For Minnesota · retail · cost floor, state is Minnesota; applies to is retail; rule is cost floor; law name is DEFINITIONS; statute citation is 325D.01, recorded from its source on 2026-08-20; source re-checked 2026-09-01.
- State
- Minnesota our reading
- Applies to
- retail our reading
- Rule
- cost floor our reading
- Law name
- DEFINITIONS verified
- Statute citation
- 325D.01 verified
- How "cost" is defined
- (i) the average terminal price on the day, at the terminal from which the most recent supply of gasoline delivered to the retail location was acquired, plus all applicable state and federal excise taxes and fees; or (ii) the actual current delivered invoice or replacement cost of the gasoline, whichever is lower, plus all applicable state and federal excise taxes and fees. verified
Values marked our reading are our classification of what the source says — the source does not print them in those words. The quote below is the evidence for each one; judge it yourself.
What the source says
(3) for purposes of gasoline offered for sale by way of posted price or indicating meter by a retailer, at a retail location where gasoline is dispensed into passenger automobiles and trucks by the consumer, "cost" means either: (i) the average terminal price on the day, at the terminal from which the most recent supply of gasoline delivered to the retail location was acquired, plus all applicable state and federal excise taxes and fees; or (ii) the actual current delivered invoice or replacement cost of the gasoline, whichever is lower, plus all applicable state and federal excise taxes and fees.
— revisor.mn.gov, retrieved 2026-08-20
Source
- revisor.mn.govhttps://www.revisor.mn.gov/statutes/cite/325D.01