South Dakota § 10-45-2.3 - Conditional or installment sales--Actual cash receipts subject to tax.
Full text of South Dakota South Dakota Codified Laws § 10-45-2.3 — Conditional or installment sales--Actual cash receipts subject to tax., with citation guidance and answers to common questions.
§ 10-45-2.3. Conditional or installment sales--Actual cash receipts subject to tax.
For purposes of the tax imposed by this chapter, on any sale made under a conditional sales contract, or under other forms of sale wherein the payment of the principal sum is extended over a period longer than sixty days from the date of sale, only the portion of the sale amount that has actually been received in cash by the retailer during each reporting period is subject to the tax imposed by this chapter.
Source: SL 2002, ch 64, § 17.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 10-45-2.3
What does South Dakota Codified Laws § 10-45-2.3 cover?
Section 10-45-2.3 ("Conditional or installment sales--Actual cash receipts subject to tax.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 10-45-2.3?
A common citation format is "South Dakota Codified Laws § 10-45-2.3" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 10-45-2.3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.