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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 37-33-6: "Inventory loading" defined.

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Where this section sits in the code
  1. TITLE 37. TRADE REGULATION
  2. CHAPTER 37-33. PYRAMID PROMOTIONAL SCHEMES

For the purposes of §§ 37-33-1 to 37-33-11, inclusive, the term, inventory loading, means that the plan or operation requires or encourages its independent salespersons to purchase inventory in an amount, which exceeds that which the salesperson can expect to resell for ultimate consumption or to consume in a reasonable time period, or both.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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