64:44:01:04. Thirty-day credit. No licensed distributor or wholesaler of cigarettes may, directly or indirectly or through a subsidiary or affiliate corporation or by any officer, director, stockholder, employee, or partner of a subsidiary or affiliate corporation, give or advance money or credit to a retailer; that is, no sale or delivery of cigarettes may be made to a retailer except on terms which require payment by the purchaser within 30 days. Every delivery of cigarettes shall be accompanied by an invoice of sale or a delivery slip giving the date of delivery of the cigarettes.
Source: 1 SDR 44, effective December 6, 1974; 13 SDR 129, 13 SDR 144, effective July 1, 1987.
General Authority: SDCL 37-10-26.