South Dakota Statutes

§ 40-33-1 — Definition of terms.

South Dakota·Title 40 ANIMALS AND LIVESTOCK·Ch. 40-32 DEALERS IN POULTRY, EGGS AND DAIRY PRODUCTS

Terms used in this chapter mean:

(1)"Due date," seven days from the date of delivery of produce by the seller to the dealer at wholesale in the case of a sale, and in all cases where produce is consigned, seven days from the date the sale is made by the broker or handler to the dealer at wholesale;
(2)"Person," an individual, firm, corporation, limited liability company, copartnership, or association;
(3)"Produce," includes eggs, poultry, poultry products, or dairy products;
(4)"Voluntary extension of credit," a written agreement between the seller and the dealer at wholesale wherein the time of payment for the purchase price of produce is extended beyond the due date.

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Legislative History

SL 1955, ch 5, § 1; SDC Supp 1960, § 4.2401; SL 1963, ch 9, § 1; SL 1994, ch 351, § 99.

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