35-2-9. Sale of stock in trade on termination of license.
Any licensee authorized to deal in alcoholic beverages, upon termination of the license, may at any time within thirty days after the termination of the license sell the whole or any part of the alcoholic beverages included in the licensee's stock in trade at the time of the termination to any wholesaler licensed to sell the alcoholic beverages purchased.
Source: SDC 1939, §5.0106; SL 2008, ch 37, §147; SL 2010, ch 180, §13; SL 2018, ch 213, §29.
Structure South Dakota Codified Laws
Title 35 - Alcoholic Beverages
Chapter 02 - Licensing Policies And Procedures
Section 35-2-1 - License application--Contents.
Section 35-2-1.1 - Applications submitted to secretary--Approval if suitable.
Section 35-2-1.2 - Applications submitted to local governing body--Fee--Approval or disapproval.
Section 35-2-2.1 - Agreement by license applicant granting access to premises and records.
Section 35-2-3 - Hearing required before issuance of retail license.
Section 35-2-5 - Time and place of hearing on retail license--Publication of notice.
Section 35-2-5.3 - Licensing authority may not reissue on-sale license not actively used.
Section 35-2-6.2 - Character requirements for licensees.
Section 35-2-6.3 - Ownership or lease of premises required of licensees--Ownership of business.
Section 35-2-6.8 - Manufacturers and wholesalers permitted to pour or serve at certain events.
Section 35-2-9 - Sale of stock in trade on termination of license.
Section 35-2-10 - Violation as ground for revocation or suspension of license--Multiple licenses.
Section 35-2-10.3 - Compliance checks of prohibited alcohol sales to persons under age twenty-one.
Section 35-2-12 - Investigation--Revocation or suspension proceedings.
Section 35-2-13 - Right to hearing on action on application or license.
Section 35-2-19 - Termination of rights after revocation of license.
Section 35-2-24 - Requirements for reissuance of license.