South Dakota Codified Laws 10-50-75. Inclusion of brand families–Requirements–No limitation on rights of State
A tobacco product manufacturer may not include a brand family in its certification unless:
(1) In the case of a participating manufacturer, the participating manufacturer affirms that the brand family is to be deemed its cigarettes for purposes of calculating its payments under the Master Settlement Agreement for the relevant year in the volume and shares determined pursuant to the Master Settlement Agreement; and
Terms Used In South Dakota Codified Laws 10-50-75
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(2) In the case of a nonparticipating manufacturer, the nonparticipating manufacturer affirms that the brand family is to be deemed its cigarettes for purposes of chapter 10-50B.
Nothing in this section limits or otherwise affects the state’s right to maintain that a brand family constitutes cigarettes of a different tobacco product manufacturer for purposes of calculating payments under the Master Settlement Agreement or for the purposes of chapter 10-50B.
Source: SL 2003, ch 74, § 4.