§ 64:06:02:06.03

ARSD 64:06:02:06.03

Auctioneer sales not casual or occasional sales.

Effective Sep 21, 201037 SDR 48Source: 22 SDR 6, effective July 23, 1995; 28 SDR 178, effective July 1, 2002; 33 SDR 226, effective June 27, 2007; 35 SDR 48, effective September 8, 2008; 37 SDR 48, effective September 21, 2010. | General Authority: SDCL 10-45-47.1(3) , 10-46-35.1(3). | Law Implemented: SDCL 10-45-1(10) , 10-45-2 , 10-45-2.4.

A sale directly by or a sale which is supervised or aided by an auctioneer or consignee or by an agent or employee of an auctioneer or consignee is not a casual or occasional sale.

Source: 22 SDR 6, effective July 23, 1995; 28 SDR 178, effective July 1, 2002; 33 SDR 226, effective June 27, 2007; 35 SDR 48, effective September 8, 2008; 37 SDR 48, effective September 21, 2010.

General Authority: SDCL 10-45-47.1(3) , 10-46-35.1(3).

Law Implemented: SDCL 10-45-1(10) , 10-45-2 , 10-45-2.4.