S.D. Admin. R. 64:75:04:06
Current through Register Vol. 51, page 67, December 16, 2024
Any extension or acceptance of credit in violation of this chapter is regarded as giving and receiving financial assistance, and the licenses of both the wholesaler and retailer involved in the violation may be suspended or revoked, as determined by the secretary. It is a violation of this section for any wholesaler to accept a postdated check, note, or memorandum, or to participate in any scheme, trick, or device to assist any retail dealer.
S.D. Admin. R. 64:75:04:06
General Authority: SDCL 35-10-1(6)
Law Implemented: SDCL 35-2-10, 35-4-52, 35-10-1(6).