Section 32-5B-3 - Dealer's inventory exempt--Filing required. - South Dakota Statutes

32-5B-3. Dealer's inventory exempt--Filing required. Any used, licensed motor vehicle which is in the inventory of a motor vehicle dealer on May 31, 1985, is exempt from the provisions of § 32-5B-1. However, to qualify for this exemption, each motor vehicle dealer shall file on or before June 3, 1985, with the Department of Revenue and Regulation and the county treasurer, a verified list of used, licensed motor vehicles on inventory.

Source: SL 1985, ch 241, § 3A; SL 2004, ch 17, § 77.