64:75:04:03Retail
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
delinquency. A retailer who has not remitted payment within the 30-day payment period is delinquent. Payment remitted in the mail must be received by the wholesaler within the payment period or postmarked within the 30-day payment period to be considered timely. Any insufficient funds check received as payment for a retail account is considered delinquent. Any form of payment otherwise unsuccessful or dishonored is considered delinquent.
Source: SL 1975, ch 16, § 1; 13 SDR 129, 13 SDR 134, effective July 1, 1987; 21 SDR 219, effective July 1, 1995; 31 SDR 214, effective July 6, 2005; 46 SDR 11, effective July 30, 2019.
General Authority
- SDCL 35-10-1 ↗Amended by SB53 (2019) — authorize certain retailers to offer quantity discounts or cash discounts for th