No manufacturer or retailer, or a copartner or a majority stockholder of a parent or subsidiary corporation or holder of a controlling interest in a manufacturer or retailer, may be granted a wholesale license or be granted a renewal of a wholesale license under this chapter.
S.D. Codified Laws § 35-4-5.1
Manufacturers and retailers may not be granted wholesale license
Applied in 1 court decision — leading case Petition of Famous Brands, Inc. (1984)
Most recently applied in Petition of Famous Brands, Inc. (April 1984)
Source: SL 1970, ch 211, § 1; SL 1971, ch 211, § 43; SL 2008, ch 37, § 166; SL 2010, ch 180, § 23; SL 2018, ch 213, § 54.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.