58-47-1. Definitions.Terms used in this chapter mean:(1)'Customer,' any person who purchases portable electronics;(2)'Enrolled customer,' any customer who elects coverage under a portable electronics insurance policy issued to a vendor of portable electronics;(3)'Location,' any physical location in the state or any website, call center site, or similar location directed to residents of this state;(4)'Portable electronics,' electronic devices and their accessories that are easily carried by a person;(5)'Portable electronics transaction,' the sale or lease of portable electronics by a vendor to a customer, or the sale of a service related to the use of portable electronics by a vendor to a customer;(6)'Supervising entity,' any licensed insurer, licensed business entity, or licensed insurance producer that is appointed by an insurer to supervise the administration of a portable electronics insurance program;(7)'Vendor,' any person in the business of engaging in portable electronics transactions directly or indirectly. Source: SL 2012, ch 251, §1; SL 2017, ch 215, §1.
South Dakota Legal Code