South Dakota Administrative Rules — Title 64 (Revenue)
ARSD § 64:06:01:73 — Definition of terms
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64:06:01:73. Definition
of terms. Terms used in §§ 64:06:01:71 and 64:06:01:72, inclusive,
mean:
(1) "Computer software
maintenance contract," a contract that obligates a vendor of computer
software to provide a customer with future updates or upgrades to either
computer software or support services with respect to computer software, or
both;
(2) "Software
subscription," a transaction requiring additional payments for updates to
prewritten computer software;
(3) "Software term
license," a transaction where the purchaser's right to continue to use
prewritten software is dependent on periodic payment.
Source: official text