South Dakota § 37-10-16 - Price reductions permitted to meet competition--Sales not in ordinary trade channels not considered.
Full text of South Dakota South Dakota Codified Laws § 37-10-16 — Price reductions permitted to meet competition--Sales not in ordinary trade channels not considered., with citation guidance and answers to common questions.
§ 37-10-16. Price reductions permitted to meet competition--Sales not in ordinary trade channels not considered.
Any retailer may advertise, offer to sell, or sell cigarettes at a price made in good faith to meet the price of a competitor who is selling the same article in this state at cost to him as a retailer as prescribed in this chapter. Any wholesaler may advertise, offer to sell, or sell cigarettes at a price made in good faith to meet the price of a competitor who is rendering the same type of service and is selling the same article at cost to him as a wholesaler as prescribed in this chapter. The price of cigarettes advertised, offered for sale, or sold under the exceptions specified in §§ 37-10-18 to 37-10-22, inclusive, shall not be considered the price of a competitor and shall not be used as a basis for establishing prices below cost, nor shall the price established at a bankruptcy sale be considered the price of a competitor within the meaning of this section.
Source: SL 1966, ch 157, § 9 (1).
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 37-10-16
What does South Dakota Codified Laws § 37-10-16 cover?
Section 37-10-16 ("Price reductions permitted to meet competition--Sales not in ordinary trade channels not considered.") 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 § 37-10-16?
A common citation format is "South Dakota Codified Laws § 37-10-16" (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 § 37-10-16 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.