South Dakota Codified Laws
Chapter 05B - Excise Tax On Motor Vehicles
Section 32-5B-19 - Rental vehicle and leased vehicle defined.

32-5B-19. Rental vehicle and leased vehicle defined.
Terms used in this chapter mean:
(1)"Leased vehicle," a motor vehicle which is titled in the name of a leasing company or the individual who is leasing the motor vehicle which is leased for a period of more than twenty-eight days;
(2)"Rental vehicle," a motor vehicle which is titled in the name of a rental company licensed under chapter 10-45 which is rented for twenty-eight days or less; or a trailer which is titled in the name of a rental company licensed under chapter 10-45 and that has an unladen weight of nine thousand pounds or more, that is rented for six months or less, and that is not consecutively rented to the same person for more than one six-month period.

Source: SL 1994, ch 245, §1; SL 1997, ch 181, §1; SL 2000, ch 146, §1.

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Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 32 - Motor Vehicles

Chapter 05B - Excise Tax On Motor Vehicles

Section 32-5B-1 - Imposition of tax--Rate--Failure to pay as misdemeanor.

Section 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.

Section 32-5B-1.2 - Leasing or rental company separate from dealership--Distinct name--Daily rental operations--Exemption from excise tax.

Section 32-5B-1.3 - Licensing and titling of used vehicle by dealer--Payment of tax by subsequent purchaser.

Section 32-5B-1.4 - Licensing and payment of excise tax on new vehicle by dealer.

Section 32-5B-1.5 - Payment of excise tax by dealer required to take title--Subsequent purchaser not exempt.