South Dakota Codified Laws 32-10-12. Eligibility for reciprocity–Annual statement–Contents
A person, firm, corporation, or limited liability company described in § 32-10-11 shall, on or before the first day of January of each year, file with the Department of Revenue a verified statement showing for the preceding year:
(1) Total amount paid to the State of South Dakota for commercial motor vehicle licenses on any such vehicles;
Terms Used In South Dakota Codified Laws 32-10-12
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
(2) Total amount which would have been paid to the State of South Dakota if all such vehicles had been licensed in South Dakota;
(3) Total miles traveled in South Dakota by all motor vehicles owned or leased by the operator;
(4) Total miles traveled by all motor vehicles owned or leased by the operator.
If the statement establishes that the ratio of (1) to (2) is at least as great as the ratio of (3) to (4), the secretary of revenue may certify that the operator is eligible for the reciprocity provisions granted in §§ 32-10-5 to 32-10-11, inclusive.
Source: SL 1961, ch 237, § 8; SL 1977, ch 249, § 46; SL 2004, ch 17, § 124; SL 2011, ch 1 (Ex. Ord. 11-1), § 161, eff. Apr. 12, 2011; SL 2014, ch 139, § 16.