Statutes, codes, and regulations
South Dakota Codified Laws
Title 10 - TAXATION
Chapter 50 - CIGARETTE TAX
Section 10-50-5 - Denominations of stamps-Fractional parts of cent

S.D. Codified Laws § 10-50-5

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Current through the 2024 Legislative Session
Section 10-50-5 - Denominations of stamps-Fractional parts of cent

No stamps evidencing payment of the tax prescribed in § 10-50-3 shall be in a denomination of less than one cent and whenever the tax at the rate therein prescribed shall be a specified amount plus a fractional part of one cent, the package or carton shall be stamped for the next full cent, provided, that whenever the tax at the rate therein prescribed shall amount to twelve cents the package or carton shall be stamped for the exact amount of twelve cents.

SDCL 10-50-5

SDC 1939, § 57.3905 as added by SL 1949, ch 422, § 1; SL 1951, ch 452, § 3; SL 1955, ch 416; SL 1959, ch 442, § 1; SL 1963, ch 446, § 1; SL 1965, ch 293, § 1; SL 1969, ch 271, § 2.