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 § 37-10-11

Title 37TRADE REGULATION

Ch. 37-10UNFAIR CIGARETTE SALES

This text of South Dakota § 37-10-11 (Purchases outside ordinary trade channels not considered in determining costs.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 37-10-11 (2026).

Text

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.