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48 chapters · 579 sections in this title.
SDCL § 37-14-18 Deposit of auction receipts into separate auction proceeds account
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Any money that an auction cashier receives on behalf of a client from an auction sale shall be deposited in a separate account maintained for auction sale proceeds only. Source: SL 1993, ch 299 , § 1; SL 1998, ch 242 , § 17.
SDCL § 37-14-19 Transfer of auction receipts to client--Time limit
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Any money that an auction cashier receives on behalf of a client from an auction sale shall be given to the client within twenty working days of the auction sale. This section does not apply to any bad check or if there is a prior written agreement between the client and the cash…
SDCL § 37-14-2 Auction sale defined
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"Auction sale," as used in this chapter means the offering for sale or selling of personal property to the highest bidder or offering for sale or selling of personal property at a high price and then offering the personal property at successive lower prices until a buyer is secur…
SDCL § 37-14-20 Application of deposit and transfer requirements
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Sections 37-14-18 and 37-14-19 do not apply to any livestock auction agency licensed pursuant to chapter 40-15 or to any real estate sale. Source: SL 1993, ch 299 , § 3.
