§ 4059. Authorization for Credit Purchases.

(a) Upon approval of a distributor's request to purchase tax stamps or meter register settings on the deferred payment basis, and receipt of the required security, the board shall give written authorization to the distributor for the amount of deferred payment purchases the distributor may have unpaid at any time.

(b) Before making deferred payment purchases of tax stamps and meter register settings, the distributor shall file an application to register the person authorized to order cigarette tax stamps on behalf of the distributor on a form approved by the board. The distributor shall identify and authorize in writing on the form the individual who may order purchases of stamps or meter register settings for this distributor's account and include the signature of the individual authorized to submit the tax stamp orders. If a distributor wishes to allow multiple individuals to submit cigarette tax stamp orders, a separate application form must be submitted for each individual. The distributor's authorization of such individual(s) shall continue in effect until written notice of revocation of the authority is delivered to the board by registered or certified mail or until written acknowledgment of receipt of the revocation is given by the board.

(c) Orders for stamps or meter register settings shall be made by the distributor on order forms approved by the board.

HISTORY

1. New section filed 9-13-61 as an emergency; effective upon filing (Register 61, No. 18).

2. Certificate of Compliance -Section 11422.1, Gov. Code, filed 11-9-61 (Register 61, No. 22).

3. Amendment filed 1-12-68 as an emergency; effective upon filing (Register 68, No. 2).

4. Certificate of Compliance filed 3-27-68 (Register 68, No. 13).

5. Amendment filed 1-16-2002; operative 2-15-2002 (Register 2002, No. 3).

6. Amendment of section and Note filed 2-9-2006; operative 3-11-2006 (Register 2006, No. 6).

Note

Note: Authority cited: Section 30451, Revenue and Taxation Code. Reference: Sections 30162, 30167 and 30169, Revenue and Taxation Code.