<html> <head> <title>Rule 64:44:01:06 Extension of credit period.</title> <META NAME="Keywords" Content="Administrative Rules 64:44:01:06"> <META NAME="Description" Content="Administrative Rules 64:44:01:06 Extension of credit period."> <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>64:44:01:06.&nbsp;&nbsp;Extension of credit period.</b> If all licensed wholesalers and distributors doing business in the same trade area are not open for business as that term is generally and usually construed for any period of time of seven consecutive days or more, the provisions of §&nbsp;64:44:01:05 do not apply. The period of time for making final payment of the accrued obligations of a retailer shall be extended for the same period of time as that for which all licensed wholesalers and distributors have not been in business.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 1 SDR 44, effective December 6, 1974; 13 SDR 129, 13 SDR 134, effective July 1, 1987.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=37-10-26">37-10-26.</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=37-10-2">37-10-2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=37-10-3">37-10-3.</A></p> </div> </body> </html>