32-9-17 — Duration of commercial plates--Payment for unexpired portion of year--Proration of fee by month.


     32-9-17.   Duration of commercial plates--Payment for unexpired portion of year--Proration of fee by month. All commercial motor vehicle plates, intrastate and interstate, shall be valid from the date of issue to the thirty-first day of December of the year specified on the registration. If any plate is issued after January first of any year, the commercial motor vehicle fee shall be paid only for the unexpired portion of the year. For each full month which has passed before the license is purchased there shall be a one-twelfth reduction of the annual commercial motor vehicle fee. If a vehicle is being commercially licensed for the first time during the period, October first through December thirty-first, the applicant may choose to make payment for the prorated portion of the year remaining and for the succeeding year and receive a plate for the next licensing year.

Source: SDC 1939, § 44.0426; SL 1939, ch 176, § 2; SL 1943, ch 161, § 2; SL 1947, ch 195, § 3; SL 1961, ch 236; SL 1977, ch 249, § 28; SL 1988, ch 251, § 4.