<html> <head> <title>Rule 64:44:01:11 Retail delinquency.</title> <META NAME="Keywords" Content="Administrative Rules 64:44:01:11"> <META NAME="Description" Content="Administrative Rules 64:44:01:11 Retail delinquency."> <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>64:44:01:11.&nbsp;&nbsp;Retail delinquency.</b> If a retail dealer becomes delinquent in the payment of any account due for merchandise purchased, the licensed wholesaler or distributor shall report that fact within 24 hours to the department. A retail dealer who becomes delinquent may not purchase merchandise for cash or otherwise from a licensed wholesaler or distributor until the delinquent account has been paid in full. The delinquent account must be cleared from the records of the department before a licensed wholesaler or distributor is permitted to sell merchandise to the retail dealer.</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>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=37-10-29">37-10-29</A> to <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=37-10-35">37-10-35.</A></p> </div> </body> </html>