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64:06:01:73Definition

Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗

of terms. Terms used in §§ 64:06:01:71 and 64:06:01:72, inclusive, mean: (1) "Computer software maintenance contract," a contract that obligates a vendor of computer software to provide a customer with future updates or upgrades to either computer software or support services with respect to computer software, or both; (2) "Software subscription," a transaction requiring additional payments for updates to prewritten computer software; (3) "Software term license," a transaction where the purchaser's right to continue to use prewritten software is dependent on periodic payment.

Source: 37 SDR 48, effective September 21, 2010.