South Dakota Codified Laws

S.D. Codified Laws § 35-2-9 (2026)

Sale of stock in trade on termination of license.

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35-2-9. Sale of stock in trade on termination of license.

Any licensee authorized to deal in alcoholic beverages, upon termination of the license, may at any time within thirty days after the termination of the license sell the whole or any part of the alcoholic beverages included in the licensee's stock in trade at the time of the termination to any wholesaler licensed to sell the alcoholic beverages purchased.

Source: SDC 1939, § 5.0106; SL 2008, ch 37, § 147; SL 2010, ch 180, § 13; SL 2018, ch 213, § 29.

Notes of Decisions
Cited in 1 case, 1980–1980 · leading case: Mills Wholesale Liquor Co. v. Zellmer, 298 N.W.2d 523 (S.D. 1980).
Mills Wholesale Liquor Co. v. Zellmer, 298 N.W.2d 523 (S.D. 1980). “SDCL 35-4-47 reads: Except as provided in §§ 35-2-9 and 35-10-16, distiller and wholesaler licensees shall purchase or receive alcoholic beverages only from: (1) Distillers or wholesalers licensed under this chapter; (2) Transportation licensees, including deliveries by such…”
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