§342G-110 - Payment and application of deposits.
[§342G-110] Payment and application of
deposits. (a) By January 1, 2005, every deposit beverage container sold
in this State shall have a refund value of 5 cents. Each container shall have
the refund value clearly indicated on it as provided in section 342G-112.
(b) The refund value is the amount of the
deposit required. Once a refund value has been applied to a deposit beverage
container, the deposit on that container may not be changed and shall be paid
to the State.
(c) The deposit on each filled deposit
beverage container shall be paid by the deposit beverage distributor, who
manufactures or imports beverages in deposit beverage containers. Payment and
reporting of the deposits shall be in accordance with section 342G-105. The
deposits shall be deposited into the deposit beverage container deposit special
fund as described in section 342G-104.
(d) Deposit beverage distributors who are
required under subsection (c) to pay a deposit shall also pay a deposit
beverage container fee and register with the State. [L 2002, c 176, pt of §2]