50-12-13. Expiration of license and commercial use stamp.The aircraft dealer's license as provided by §50-12-3 expires on the thirty-first day of January of the second year next succeeding the calendar year in which it was issued. The commercial use stamps as provided by §50-12-8 expire twenty-four months after they are issued, if a valid dealer's license is in effect. The commercial use stamp expires automatically if the aircraft dealer's license expires or the aircraft dealer no longer holds a valid aircraft dealer's license. Source: SDC 1939, §2.0707 as enacted by SL 1966, ch 1, §9; SL 1980, ch 330, §8; SL 2010, ch 227, §92; SL 2019, ch 203, §48.
South Dakota Legal Code