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Home » US Law » 2022 South Dakota Codified Laws » Title 37 - Trade Regulation » Chapter 10 - Unfair Cigarette Sales » Section 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, §12.