S.D. Admin. R. 64:28:03:04

Current through Register Vol. 51, page 67, December 16, 2024

Section 64:28:03:04 - Damage disclosure statement

In addition to the information required by SDCL 32-3-51.8 and 32-3A-38.1, the damage disclosure statement shall require the person completing the form to state if the vehicle or boat had $5,000 or more of unrepaired damage at the time it was acquired and to show the nature and location of the damage. Damage in excess of $5,000 must be reported on each applicable vehicle or boat less than seven years old which is sold in this state.

Damage disclosure statements may be obtained from any county treasurer's office or the Division of Motor Vehicles, 445 E. Capitol, Pierre, South Dakota 57501-3185. The Division of Motor Vehicles shall provide each licensed dealer in South Dakota with the damage disclosure statement.

15 SDR 58, effective 10/19/1988; 17 SDR 199, effective 7/1/1991; 19 SDR 42, effective 9/29/1992; 24 SDR 180, effective 7/1/1998; 27 SDR 147, effective 7/8/2001; 29 SDR 177, effective 7/2/2003; 32 SDR 58, effective 10/25/2005.

General Authority: SDCL 32-3-57(2)(7).

Law Implemented: SDCL 32-3-51.7, 32-3-51.8, 32-3-51.9, 32-3A-38.1, 32-5-27.