South Dakota Codified Laws — Title 10 (Taxation)

SDCL § 10-50-20 — Resale of stamps prohibited--Redemption of unused and uncanceled stamps

No distributor shall sell or transfer any stamps issued under the provisions of this chapter. The secretary of revenue shall redeem any unused, uncanceled stamps presented by any licensed distributor at a price equal to ninety-five percent of their face value.

Last amended: Source: SDC 1939, § 57.3907; SL 1970, ch 78 , § 6; SL 1974, ch 103 , § 1; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2011, ch 1 (Ex. Ord. 11-1 ), § 161, eff. Apr. 12, 2011.

Source: official text