Minnesota · wholesale · cost floor
For Minnesota · wholesale · cost floor, state is Minnesota; applies to is wholesale; 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
- wholesale our reading
- Rule
- cost floor our reading
- Law name
- DEFINITIONS verified
- Statute citation
- 325D.01 verified
- How "cost" is defined
- the actual current delivered invoice or replacement cost, whichever is lower, without deducting customary cash discounts, plus any excise or sales taxes imposed on such commodity, goods, wares or merchandise subsequent to the purchase thereof and prior to the resale thereof, plus the cost of doing business at that location by the vendor; 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
The term "cost," as applied to the wholesale or retail vendor, means: (1) the actual current delivered invoice or replacement cost, whichever is lower, without deducting customary cash discounts, plus any excise or sales taxes imposed on such commodity, goods, wares or merchandise subsequent to the purchase thereof and prior to the resale thereof, plus the cost of doing business at that location by the vendor;
— revisor.mn.gov, retrieved 2026-08-20
Source
- revisor.mn.govhttps://www.revisor.mn.gov/statutes/cite/325D.01