South Dakota Statutes

§ 37-14-2 — Auction sale defined.

South Dakota·Title 37 TRADE REGULATION·Ch. 37-13 AUCTION SALES
"Auction sale," as used in this chapter means the offering for sale or selling of personal property to the highest bidder or offering for sale or selling of personal property at a high price and then offering the personal property at successive lower prices until a buyer is secured.

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Legislative History

SL 1955, ch 233, § 7; SDC Supp 1960, § 54.0509; SL 1998, ch 242, § 1.

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