South Dakota § 37-10-11 Purchases outside ordinary trade channels not considered in determining costs.

South Dakota Statutes

§ 37-10-11 — Purchases outside ordinary trade channels not considered in determining costs.

South Dakota·Title 37 TRADE REGULATION·Ch. 37-10 UNFAIR CIGARETTE SALES

In establishing the cost of cigarettes to the retailer or wholesaler, the invoice cost of such cigarettes purchased at a forced, bankrupt, or closeout sale, or other sale outside the ordinary channels of trade, may not be used as a basis for justifying a price lower than one based upon the replacement cost of the cigarettes to the retailer or wholesaler in the quantity last purchased through the ordinary channels of trade.

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In establishing the cost of cigarettes to the retailer or wholesaler, the invoice cost of such cigarettes purchased at a forced, bankrupt, or closeout sale, or other sale outside the ordinary channels of trade, may not be used as a basis for justifying a price lower than one based upon the replacement cost of the cigarettes to the retailer or wholesaler in the quantity last purchased through the ordinary channels of trade.

South Dakota § 37-10-11 (Purchases outside ordinary trade channels not considered in determining costs.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.