Section 35-4-2.4 - Eligibility of municipality for retailers or package dealers license--Liquidation of business upon termination of license. - South-dakota Statutes

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35-4-2.4. Eligibility of municipality for retailers or package dealers license--Liquidation of business upon termination of license. Any municipality which holds an off-sale license under subdivision 35-4-2(5) is eligible for a retailer's or package dealer license under subdivisions 35-4-2(16), (17), and (17A). Any municipality which holds an on-sale license under chapter 35-4 is eligible for a retailer's license under subdivision 35-4-2(16). Upon termination of any such license the governing board of the municipality is authorized to liquidate the business operated pursuant to the license and the assets of the business in a manner as may be determined by resolution of the governing board, not inconsistent with the provisions of this title.

Source: SL 1987, ch 261, § 39; SL 2010, ch 180, § 21.

State Codes and Statutes

Statutes > South-dakota > Title-35 > Chapter-04 > Statute-35-4-2-4

35-4-2.4. Eligibility of municipality for retailers or package dealers license--Liquidation of business upon termination of license. Any municipality which holds an off-sale license under subdivision 35-4-2(5) is eligible for a retailer's or package dealer license under subdivisions 35-4-2(16), (17), and (17A). Any municipality which holds an on-sale license under chapter 35-4 is eligible for a retailer's license under subdivision 35-4-2(16). Upon termination of any such license the governing board of the municipality is authorized to liquidate the business operated pursuant to the license and the assets of the business in a manner as may be determined by resolution of the governing board, not inconsistent with the provisions of this title.

Source: SL 1987, ch 261, § 39; SL 2010, ch 180, § 21.

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State Codes and Statutes

Statutes > South-dakota > Title-35 > Chapter-04 > Statute-35-4-2-4

35-4-2.4. Eligibility of municipality for retailers or package dealers license--Liquidation of business upon termination of license. Any municipality which holds an off-sale license under subdivision 35-4-2(5) is eligible for a retailer's or package dealer license under subdivisions 35-4-2(16), (17), and (17A). Any municipality which holds an on-sale license under chapter 35-4 is eligible for a retailer's license under subdivision 35-4-2(16). Upon termination of any such license the governing board of the municipality is authorized to liquidate the business operated pursuant to the license and the assets of the business in a manner as may be determined by resolution of the governing board, not inconsistent with the provisions of this title.

Source: SL 1987, ch 261, § 39; SL 2010, ch 180, § 21.