37-33-5."Consideration" defined.
For the purposes of §§37-33-1 to 37-33-11, inclusive, the term, consideration, means the payment of cash or the purchase of goods, services, or intangible property. The term does not include the purchase of goods or services furnished at cost to be used in making sales and not for resale, or time and effort spent in pursuit of sales or recruiting activities.
Source: SL 2003, ch 213, §5.
Structure South Dakota Codified Laws
Chapter 33 - Pyramid Promotional Schemes
Section 37-33-1 - "Promote" defined.
Section 37-33-3 - "Pyramid promotional scheme" defined.
Section 37-33-4 - "Compensation" defined.
Section 37-33-5 - "Consideration" defined.
Section 37-33-6 - "Inventory loading" defined.
Section 37-33-8 - Certain plans not defined as pyramid promotional schemes.
Section 37-33-9 - Attorney general may proceed against pyramid promotional schemes.