No license issued by the secretary may be assigned and is valid only for the licensee in whose name it is issued. A valid license shall be presented upon request at any time when fuel subject to taxation under this chapter is purchased. The sale of a licensee's business shall be reported to the secretary by the licensee. The new owner of a previously licensed business shall make application for a new license under the provisions of this chapter.
S.D. Codified Laws § 10-47B-79
Assignment of license prohibited--License presented upon request--Reporting sale--Application for license by new owner
Source: SL 1995, ch 71, § 79; SL 1999, ch 58, § 35.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.