Deposit of auction receipts into separate auction proceeds account.

  1. Law
  2. South Dakota Codified Laws
  3. Trade Regulation
  4. Auction Sales
  5. Deposit of auction receipts into separate auction proceeds account.

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37-14-18. Deposit of auction receipts into separate auction proceeds account.

Any money that an auction cashier receives on behalf of a client from an auction sale shall be deposited in a separate account maintained for auction sale proceeds only.

Source: SL 1993, ch 299, §1; SL 1998, ch 242, §17.


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