South Dakota § 34-49-20 Certain sales of existing inventory on or after January 1, 2011 permitted.

South Dakota Statutes

§ 34-49-20 — Certain sales of existing inventory on or after January 1, 2011 permitted.

South Dakota·Title 34 PUBLIC HEALTH AND SAFETY·Ch. 34-48 CIGARETTE FIRE SAFETY STANDARDS

Nothing in this chapter prohibits any distributor, wholesaler, or dealer from selling its existing inventory of cigarettes on or after January 1, 2011, if the distributor, wholesaler, or dealer establishes that the state tax stamps were affixed to the cigarettes before January 1, 2011. In addition, the inventory of cigarettes must have been purchased in a comparable quantity to the inventory that was purchased during the same period for the preceding year.

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Nothing in this chapter prohibits any distributor, wholesaler, or dealer from selling its existing inventory of cigarettes on or after January 1, 2011, if the distributor, wholesaler, or dealer establishes that the state tax stamps were affixed to the cigarettes before January 1, 2011. In addition, the inventory of cigarettes must have been purchased in a comparable quantity to the inventory that was purchased during the same period for the preceding year.

South Dakota § 34-49-20 (Certain sales of existing inventory on or after January 1, 2011 permitted.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.