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2020 South Dakota Codified Laws
Title 37 - Trade Regulation
Chapter 14 - Auction Sales
Section 37-14-2 - Auction sale defined.
Universal Citation: SD Codified L § 37-14-2 (2020)
37-14-2. Auction sale defined.
"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.
Source: SL 1955, ch 233, §7; SDC Supp 1960, §54.0509; SL 1998, ch 242, §1.
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