2016 South Dakota Codified Laws
Title 37 - TRADE REGULATION
Chapter 10 - Unfair Cigarette Sales
§ 37-10-11 Purchases outside ordinary trade channels not considered in determining costs.
37-10-11. Purchases outside ordinary trade channels not considered in determining costs. 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.
Source: SL 1966, ch 157, ยง 12.
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