10-50B-18 . Cigarette importers--Tobacco product manufacturer--Joint and several liability--Escrow fund.
Any person that imports cigarettes into the United States shall be jointly and severally liable with any tobacco product manufacturer required to place a deposit into a qualified escrow fund pursuant to subdivision 10-50B-7 (2) for the obligation to make the deposit into the qualified escrow fund.
Source: SL 2020, ch 36, ยง 1.
Structure South Dakota Codified Laws
Chapter 50B - Escrow Fund For Tobacco Litigation
Section 10-50B-1 - Legislative findings.
Section 10-50B-2 - Legislative intent.
Section 10-50B-3 - Definitions.
Section 10-50B-4 - Cigarette defined.
Section 10-50B-5 - Tobacco product manufacturer defined.
Section 10-50B-6 - Units sold defined.
Section 10-50B-10 - Each failure to make deposit a separate violation.
Section 10-50B-11.1 - Code provisions governing investment in education enhancement trust fund.
Section 10-50B-13 - Revocation of license--Hearing--Reinstatement.
Section 10-50B-16 - Amendment of escrow agreement to execute assignment--Requirements--Delivery.
Section 10-50B-17 - Manufacturer not relieved of obligations by assignment.
Section 10-50B-19 - State directory--Manufacturers--Surety bond--Amount.