S.D. Admin. R. 64:44:01:11
Current through Register Vol. 51, page 67, December 16, 2024
If a retail dealer becomes delinquent in the payment of any account due for merchandise purchased, the licensed wholesaler or distributor shall report that fact within 24 hours to the department. A retail dealer who becomes delinquent may not purchase merchandise for cash or otherwise from a licensed wholesaler or distributor until the delinquent account has been paid in full. The delinquent account must be cleared from the records of the department before a licensed wholesaler or distributor is permitted to sell merchandise to the retail dealer.
S.D. Admin. R. 64:44:01:11
General Authority: SDCL 37-10-26.
Law Implemented: SDCL 37-10-2, 37-10-3, 37-10-29 to 37-10-35.