35-10-16. Sale by secretary of confiscated beverages--Disposition of proceeds. If confiscated alcoholic beverages accumulate in sufficient quantities, the secretary shall notify all licensed wholesalers as to kinds and types of alcoholic beverages in the secretary's custody for sale. The secretary shall receive bids, and sales shall be made on the basis of the bids as the secretary deems advantageous to the state. All proceeds of any such sale by the secretary shall be deposited with the state treasurer and credited to the general fund.
Source: SDC 1939, § 5.0122; SL 2008, ch 37, § 201; SL 2010, ch 180, § 59.
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