S.D. Admin. R. 64:44:01:04

Current through Register Vol. 51, page 67, December 16, 2024
Section 64:44:01:04 - Thirty-day credit

No licensed distributor or wholesaler of cigarettes may, directly or indirectly or through a subsidiary or affiliate corporation or by any officer, director, stockholder, employee, or partner of a subsidiary or affiliate corporation, give or advance money or credit to a retailer; that is, no sale or delivery of cigarettes may be made to a retailer except on terms which require payment by the purchaser within 30 days. Every delivery of cigarettes shall be accompanied by an invoice of sale or a delivery slip giving the date of delivery of the cigarettes.

S.D. Admin. R. 64:44:01:04

1 SDR 44, effective 12/6/1974; 13 SDR 129, 13 SDR 144, effective 7/1/1987.

General Authority: SDCL 37-10-26.

Law Implemented: SDCL 37-10-2, 37-10-3.