Section 50-12-3.1 – Place of business–Branch office or subagency.
50-12-3.1. Place of business–Branch office or subagency. An aircraft dealer’s place of business shall have a business name, and the telephone listing shall indicate the business is an aircraft-related place of business. The structure of an aircraft dealer’s place of business shall be used primarily as a place of business for the sale or commercial […]
Section 50-12-4 – Dealer’s license as applicable to aircraft in stock.
50-12-4. Dealer’s license as applicable to aircraft in stock. During such times as any aircraft is held by a licensed dealer for sale, exchange, delivery, test, or demonstration purposes, and solely as stock in trade of the dealer’s business, an aircraft dealer’s certificate may be used in said aircraft in lieu of any registration certificate, […]
Section 50-12-5 – Permissible uses of dealer’s certificate–Violation as misdemeanor.
50-12-5. Permissible uses of dealer’s certificate–Violation as misdemeanor. A dealer’s certificate issued under this chapter may be used only by a licensed aircraft dealer for aircraft owned or controlled by the dealer for the purposes of sale, resale, or flight instruction without charge. Use of a certificate for any purpose other than as permitted under […]
Section 50-12-7 – Transfer of aircraft to new owner–Delivery of certificate to department–Violation as misdemeanor–Civil penalty.
50-12-7. Transfer of aircraft to new owner–Delivery of certificate to department–Violation as misdemeanor–Civil penalty. Upon the sale of any aircraft bearing an aircraft dealer’s certificate, the dealer shall comply with §§50-11-22 and 50-11-23. If possession of an aircraft is transferred to a new owner, the dealer shall deliver the aircraft dealer’s certificate and sales affidavit […]
Section 50-12-8 – Dealer’s commercial use stamp–Fee–Permissible uses under stamp–Violation as misdemeanor–Expiration of stamp.
50-12-8. Dealer’s commercial use stamp–Fee–Permissible uses under stamp–Violation as misdemeanor–Expiration of stamp. Upon application in writing on a form furnished by the department and the payment of a fee of one hundred dollars for each aircraft to be so used, the department shall furnish a dealer with a commercial use stamp upon which is printed […]
Section 50-12-9 – Registration of aircraft under §§ 50-11-12 and 50-11-19.
50-12-9. Registration of aircraft under §§50-11-12 and 50-11-19. Any aircraft subject to registration under an aircraft dealer’s certificate for a period exceeding twenty-four months shall be registered in accordance with §§50-11-12 and 50-11-19. Source: SDC 1939, §2.0705 as enacted by SL 1966, ch 1, §9; SL 1980, ch 330, §5; SL 2010, ch 227, §89; […]
Section 50-12-2 – Aircraft dealer’s license–Application–Contents.
50-12-2. Aircraft dealer’s license–Application–Contents. Any person desiring to sell or solicit as a dealer the sale of aircraft within South Dakota shall apply for an aircraft dealer’s license to the department. For the original application, the person shall possess one or more aircraft under normal registration. The application shall be made in writing on a […]