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§ 37-10-11 Purchases outside ordinary trade channels not considered in determining costs.

SD Codified L § 37-10-11 (2019) (N/A)
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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.

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§ 37-10-12 Cost survey as evidence of cost to retailer or wholesaler.