South Dakota Statutes

§ 37-33-6 — "Inventory loading" defined.

South Dakota § 37-33-6
JurisdictionSouth Dakota
Title 37TRADE REGULATION
Ch. 37-33PYRAMID PROMOTIONAL SCHEMES

This text of South Dakota § 37-33-6 ("Inventory loading" defined.) 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 § 37-33-6 (2026).

Text

For the purposes of §§ 37-33-1 to 37-33-11 , inclusive, the term, inventory loading, means that the plan or operation requires or encourages its independent salespersons to purchase inventory in an amount, which exceeds that which the salesperson can expect to resell for ultimate consumption or to consume in a reasonable time period, or both.

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Legislative History

SL 2003, ch 213, § 6.

Nearby Sections

15
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Bluebook (online)
South Dakota § 37-33-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/37-33-6.