<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 32-5B-1 - Imposition of tax--Rate--Failure to pay as misdemeanor. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2053864Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2053864SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2053864CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2053864Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2053864DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2053864000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2053864SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2053864SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2053864Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-1"><span class="s2053864SENU">32-5B-1</span></a><span xml:space="preserve" class="s2053864SENU">. </span><span class="s2053864CL">Imposition of tax--Rate--Failure to pay as misdemeanor.</span></p><p dir="ltr" class="s2053864Normal-000000"><span xml:space="preserve" class="s2053864DefaultParagraphFont">In addition to all other license and registration fees for the use of the highways, a person shall pay an excise tax at the rate of four percent on the purchase price of any motor vehicle, as defined by § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-3-1"><span class="s2053864DefaultParagraphFont">32-3-1</span></a><span xml:space="preserve" class="s2053864DefaultParagraphFont"> or </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-21"><span class="s2053864DefaultParagraphFont">32-5B-21</span></a><span xml:space="preserve" class="s2053864DefaultParagraphFont">, purchased or acquired for use on the streets and highways of this state and required to be registered under the laws of this state. A person shall pay an excise tax at the rate of four percent on the purchase of an off-road vehicle as defined by § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-3-1"><span class="s2053864DefaultParagraphFont">32-3-1</span></a><span xml:space="preserve" class="s2053864DefaultParagraphFont"> and required to be titled pursuant to § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-20-12"><span class="s2053864DefaultParagraphFont">32-20-12</span></a><span xml:space="preserve" class="s2053864DefaultParagraphFont">. This tax shall be in lieu of any tax levied by chapters </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-45"><span class="s2053864DefaultParagraphFont">10-45</span></a><span xml:space="preserve" class="s2053864DefaultParagraphFont">, </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-46"><span class="s2053864DefaultParagraphFont">10-46</span></a><span xml:space="preserve" class="s2053864DefaultParagraphFont">, and </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-46E"><span class="s2053864DefaultParagraphFont">10-46E</span></a><span xml:space="preserve" class="s2053864DefaultParagraphFont"> on the sales of such vehicles. Failure to pay the full amount of excise tax is a Class 1 misdemeanor.</span></p><p dir="ltr" class="s2053864Normal"><span xml:space="preserve" class="s2053864000001"> </span></p><p dir="ltr" class="s2053864Normal"><span class="s2053864SCL">Source:</span><span xml:space="preserve" class="s2053864SCL-000002"> SL 1985, ch 241, § 1; SL 1988, ch 236, § 21; SL 2000, ch 145, § 1; SL 2015, ch 68, § 3; SL 2015, ch 165, § 5, eff. Apr. 1, 2015; SL 2016, ch 159, § 1.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 32-5B-1 - Imposition of tax--Rate--Failure to pay as misdemeanor. </title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.scc50300d6fd7417aacafac6fa6131ceaNormal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.scc50300d6fd7417aacafac6fa6131ceaSENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.scc50300d6fd7417aacafac6fa6131ceaCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.scc50300d6fd7417aacafac6fa6131ceaStatute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.scc50300d6fd7417aacafac6fa6131ceaDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.scc50300d6fd7417aacafac6fa6131ceaDefaultParagraphFont-000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.scc50300d6fd7417aacafac6fa6131cea000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.scc50300d6fd7417aacafac6fa6131ceaNoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.scc50300d6fd7417aacafac6fa6131ceaDefaultParagraphFont-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.scc50300d6fd7417aacafac6fa6131ceaSCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 32-5B-1.1 - Licensing and payment of tax on leased vehicles--Assessment of tax upon purchase by lessee--Lessor to assign title and certify price, fees and title."><meta property="og:description" content="SDLRC Codified Law 32-5B-1.1 - Licensing and payment of tax on leased vehicles--Assessment of tax upon purchase by lessee--Lessor to assign title and certify price, fees and title."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes?Statute=32-5B-1.1"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="scc50300d6fd7417aacafac6fa6131ceaNormal"><a href="https://sdlegislature.gov/Statutes?Statute=32-5B-1.1" rel="noopener"><span class="scc50300d6fd7417aacafac6fa6131ceaSENU">32-5B-1.1</span></a><span xml:space="preserve" class="scc50300d6fd7417aacafac6fa6131ceaSENU">. </span><span class="scc50300d6fd7417aacafac6fa6131ceaCL">Licensing and payment of tax on leased vehicles--Assessment of tax upon purchase by lessee--Lessor to assign title and certify price, fees and title.</span></p><p dir="ltr" class="scc50300d6fd7417aacafac6fa6131ceaStatute"><span class="scc50300d6fd7417aacafac6fa6131ceaDefaultParagraphFont">For motor vehicles leased for more than twenty</span><span class="scc50300d6fd7417aacafac6fa6131ceaDefaultParagraphFont-000000">-</span><span xml:space="preserve" class="scc50300d6fd7417aacafac6fa6131ceaDefaultParagraphFont">eight days, the lessor shall title and license the motor vehicle and denote the lessee on the application for title. The lessor or the lessee shall pay the motor vehicle excise tax. If the term of the lease is extended or if the vehicle is leased for an additional period of time, the motor vehicle excise tax shall be assessed on the additional lease payments and shall be paid by the lessor. If additional consideration is paid during the course of the lease or upon the termination of the lease, the motor vehicle excise tax shall be assessed upon such amount and paid by the lessor. If a lessee buys the leased vehicle at the end of the lease, excise tax shall be assessed on the purchase prices in § </span><a href="https://sdlegislature.gov/Statutes?Statute=32-5B-4" rel="noopener"><span class="scc50300d6fd7417aacafac6fa6131ceaDefaultParagraphFont">32-5B-4</span></a><span class="scc50300d6fd7417aacafac6fa6131ceaDefaultParagraphFont">. The lessor shall assign the title to the lessee and shall deliver it to the county treasurer of the applicant's residence, along with an application certifying the price of the vehicle and the required fees and taxes.</span></p><p dir="ltr" class="scc50300d6fd7417aacafac6fa6131ceaStatute"><span class="scc50300d6fd7417aacafac6fa6131ceaDefaultParagraphFont">A lessee who entered into a lease prior to July 1, 2000, and who paid excise tax based on the purchase price of the vehicle, including the value of the leased vehicle at the end of the lease, shall receive credit for tax previously paid if the lessee purchases the vehicle at the end of the lease.</span></p><p dir="ltr" class="scc50300d6fd7417aacafac6fa6131ceaStatute"><span xml:space="preserve" class="scc50300d6fd7417aacafac6fa6131ceaDefaultParagraphFont">An off-road vehicle, as defined by § </span><a href="https://sdlegislature.gov/Statutes?Statute=32-3-1" rel="noopener"><span class="scc50300d6fd7417aacafac6fa6131ceaDefaultParagraphFont">32-3-1</span></a><span xml:space="preserve" class="scc50300d6fd7417aacafac6fa6131ceaDefaultParagraphFont"> and required to be titled pursuant to § </span><a href="https://sdlegislature.gov/Statutes?Statute=32-20-12" rel="noopener"><span class="scc50300d6fd7417aacafac6fa6131ceaDefaultParagraphFont">32-20-12</span></a><span xml:space="preserve" class="scc50300d6fd7417aacafac6fa6131ceaDefaultParagraphFont"> and is titled in this state, that is leased for more than twenty-eight days, is subject to the provisions of this section.</span></p><p dir="ltr" class="scc50300d6fd7417aacafac6fa6131ceaNormal"><span xml:space="preserve" class="scc50300d6fd7417aacafac6fa6131cea000001"> </span></p><p dir="ltr" class="scc50300d6fd7417aacafac6fa6131ceaNoIndent"><span xml:space="preserve" class="scc50300d6fd7417aacafac6fa6131ceaDefaultParagraphFont-000002">Source: </span><span class="scc50300d6fd7417aacafac6fa6131ceaSCL">SL 1986, ch 248, § 2; SL 1994, ch 245, § 2; SL 1995, ch 175, § 1; SL 2000, ch 145, § 2; SL 2001, ch 166, § 1; SL 2022, ch 93, § 1.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 32-5B-1 - Imposition of tax--Rate--Failure to pay as misdemeanor. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2053866Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2053866SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2053866CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2053866Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2053866DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2053866DefaultParagraphFont-000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2053866000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2053866SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2053866SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2053866Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-1.2"><span class="s2053866SENU">32-5B-1.2</span></a><span xml:space="preserve" class="s2053866SENU">. </span><span class="s2053866CL">Leasing or rental company separate from dealership--Distinct name--Daily rental operations--Exemption from excise tax.</span></p><p dir="ltr" class="s2053866Normal-000000"><span xml:space="preserve" class="s2053866DefaultParagraphFont">Any leasing or rental company which operates within the principal place of business of a dealer, licensed pursuant to chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-6B"><span class="s2053866DefaultParagraphFont">32-6B</span></a><span class="s2053866DefaultParagraphFont">, is a business separate from the dealership for the purposes of this chapter. A leasing company shall title, license, and tax any leased vehicle which is leased for more than twenty</span><span class="s2053866DefaultParagraphFont-000001">-</span><span xml:space="preserve" class="s2053866DefaultParagraphFont">eight days in a name that is distinct and separate from that of the dealership name as indicated on the dealer license under chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-6B"><span class="s2053866DefaultParagraphFont">32-6B</span></a><span class="s2053866DefaultParagraphFont">. If the lessee is a rental company leasing vehicles for use in a daily rental operation, neither the lessor nor the lessee is required to pay the excise tax. In order to be exempt, the rental company shall be indicated on the title as the lessee. A rental company shall title and license any rental vehicle which is rented for twenty</span><span class="s2053866DefaultParagraphFont-000001">-</span><span xml:space="preserve" class="s2053866DefaultParagraphFont">eight days or less which is part of the rental company in a name that is distinct and separate from that of the dealership name as indicated on the dealer license under chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-6B"><span class="s2053866DefaultParagraphFont">32-6B</span></a><span class="s2053866DefaultParagraphFont">.</span></p><p dir="ltr" class="s2053866Normal"><span xml:space="preserve" class="s2053866000002"> </span></p><p dir="ltr" class="s2053866Normal"><span class="s2053866SCL">Source:</span><span xml:space="preserve" class="s2053866SCL-000003"> SL 1986, ch 248, § 3; SL 1988, ch 246; SL 1993, ch 219, § 7; SL 1994, ch 245, § 4.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 32-5B-1 - Imposition of tax--Rate--Failure to pay as misdemeanor. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2053867Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2053867SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2053867CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2053867Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2053867DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2053867000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2053867SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2053867SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2053867Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-1.3"><span class="s2053867SENU">32-5B-1.3</span></a><span xml:space="preserve" class="s2053867SENU">. </span><span class="s2053867CL">Licensing and titling of used vehicle by dealer--Payment of tax by subsequent purchaser.</span></p><p dir="ltr" class="s2053867Normal-000000"><span xml:space="preserve" class="s2053867DefaultParagraphFont">A licensed motor vehicle dealer may license a used motor vehicle which is part of his inventory. If the dealer licenses the motor vehicle, he shall title the motor vehicle, but is exempt from the motor vehicle excise tax. A licensed dealer may title the vehicle without licensing it. Any vehicle titled by a dealer but not licensed is exempt from the motor vehicle excise tax. A subsequent purchaser shall pay the excise tax. This section does not apply to those motor vehicles required to be titled pursuant to § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5-27"><span class="s2053867DefaultParagraphFont">32-5-27</span></a><span class="s2053867DefaultParagraphFont">.</span></p><p dir="ltr" class="s2053867Normal"><span xml:space="preserve" class="s2053867000001"> </span></p><p dir="ltr" class="s2053867Normal"><span class="s2053867SCL">Source:</span><span xml:space="preserve" class="s2053867SCL-000002"> SL 1986, ch 247, § 1; SL 1987, ch 219, § 1; SL 1993, ch 225, § 1.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 32-5B-1 - Imposition of tax--Rate--Failure to pay as misdemeanor. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2053868Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2053868SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2053868CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2053868Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2053868DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2053868000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2053868SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2053868SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2053868Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-1.4"><span class="s2053868SENU">32-5B-1.4</span></a><span xml:space="preserve" class="s2053868SENU">. </span><span class="s2053868CL">Licensing and payment of excise tax on new vehicle by dealer.</span></p><p dir="ltr" class="s2053868Normal-000000"><span xml:space="preserve" class="s2053868DefaultParagraphFont">A licensed motor vehicle dealer who sells new motor vehicles and has a franchise for that particular motor vehicle may license a new motor vehicle which is part of the dealer's inventory. If the dealer licenses the motor vehicle, the dealer shall title the motor vehicle and pay the excise tax imposed pursuant to § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-1"><span class="s2053868DefaultParagraphFont">32-5B-1</span></a><span xml:space="preserve" class="s2053868DefaultParagraphFont"> on the actual purchase price of the motor vehicle.</span></p><p dir="ltr" class="s2053868Normal"><span xml:space="preserve" class="s2053868000001"> </span></p><p dir="ltr" class="s2053868Normal"><span class="s2053868SCL">Source:</span><span xml:space="preserve" class="s2053868SCL-000002"> SL 1987, ch 219, § 2; SL 1988, ch 236, § 22; SL 2015, ch 165, § 6, eff. Apr. 1, 2015; SL 2017, ch 132, § 1.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 32-5B-1 - Imposition of tax--Rate--Failure to pay as misdemeanor. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2053869Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2053869SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2053869CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2053869Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2053869DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2053869000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2053869SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2053869SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2053869Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-1.5"><span class="s2053869SENU">32-5B-1.5</span></a><span xml:space="preserve" class="s2053869SENU">. </span><span class="s2053869CL">Payment of excise tax by dealer required to take title--Subsequent purchaser not exempt.</span></p><p dir="ltr" class="s2053869Normal-000000"><span xml:space="preserve" class="s2053869DefaultParagraphFont">Except as provided in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5-27"><span class="s2053869DefaultParagraphFont">32-5-27</span></a><span xml:space="preserve" class="s2053869DefaultParagraphFont">, any dealer who is required by law to take title to a motor vehicle, or required to take title to a motor vehicle for the purpose of resale because of the requirements of his dealer license, shall pay the excise tax established in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-5B-1"><span class="s2053869DefaultParagraphFont">32-5B-1</span></a><span xml:space="preserve" class="s2053869DefaultParagraphFont"> and the next purchaser is not exempt from the excise tax on the subsequent purchase.</span></p><p dir="ltr" class="s2053869Normal"><span xml:space="preserve" class="s2053869000001"> </span></p><p dir="ltr" class="s2053869Normal"><span class="s2053869SCL">Source:</span><span xml:space="preserve" class="s2053869SCL-000002"> SL 1988, ch 236, § 23.</span></p></div></body></html>