S.D. Admin. R. 20:69:06:07.04
Current through Register Vol. 51, page 67, December 16, 2024
In an Internet auction sale, the auctioneer must validate a buyer's capability to participate in the sale by obtaining the buyer's name, address, e-mail address, phone number, and ability to legally enter into a contract. In addition, the auctioneer shall obtain an agreement to the terms of the auction procedure from any buyer wishing to participate in the sale.
S.D. Admin. R. 20:69:06:07.04
General Authority: SDCL 36-21A-89(7).
Law Implemented: SDCL 36-21A-1, 36-21A-72, 36-21A-89.