<html> <head> <title>Rule 64:04:01:26 Definition of manufactured and mobile home dealer's inventory.</title> <META NAME="Keywords" Content="Administrative Rules 64:04:01:26"> <META NAME="Description" Content="Administrative Rules 64:04:01:26 Definition of manufactured and mobile home dealer's inventory."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>64:04:01:26.&nbsp;&nbsp;Definition of manufactured and mobile home dealer's inventory.</b> For the purposes of SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=10-4-2.4">10-4-2.4</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=10-9-2">10-9-2</A>, and <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=10-21-39">10-21-39</A>, a manufactured or mobile home, as defined in SDCL subdivisions 32-3-1(6) and (8), is in a dealer's inventory if the South Dakota title has been reassigned to the dealer and the home is located on the dealer's lot. A dealer's lot means its principal place of business, as defined in SDCL 32-7A-2, its auxiliary lot, as defined in SDCL subdivision 32-7A-1(1), its supplemental lot, as defined in SDCL subdivision 32-7A-1(6), or its temporary supplemental lot, as defined in SDCL subdivision 32-7A-1(7). A manufactured or mobile home on consignment to the dealer is not considered to be in the dealer's inventory.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A manufactured or mobile home is not considered to be in the dealer's inventory if the home is being rented, leased, or occupied as a residence, regardless of how it is titled.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 28 SDR 178, effective July 1, 2002.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=10-10-6">10-10-6.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b>SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=10-4-2.4">10-4-2.4</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=10-9-2">10-9-2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=10-21-39">10-21-39.</A></p> </div> </body> </html>