Except as provided in § 32-5-27 , any dealer who is required by law to take title to a motor vehicle, or required to take title to a motor vehicle for the purpose of resale because of the requirements of his dealer license, shall pay the excise tax established in § 32-5B-1 and the next purchaser is not exempt from the excise tax on the subsequent purchase. Source: SL 1988, ch 236 , § 23.
Payment of excise tax by dealer required to take title--Subsequent purchaser not exempt
SDCL § 32-5B-1.5 — under EXCISE TAX ON MOTOR VEHICLES.
SDCL § 32-5B-1.5