Section 50-12-13 - Expiration of license, certificate, and stamp.
50-12-13. Expiration of license, certificate, and stamp. The aircraft dealer's license as provided by § 50-12-3 expires on the thirty-first day of January of the second year next succeeding the calendar year in which it was issued. The aircraft dealer's certificate as provided by § 50-12-6 and commercial use stamps as provided by § 50-12-8 expire twenty-four months after they are issued provided a valid dealer's license is in effect. The aircraft dealer's certificate and commercial use stamp expire automatically if the aircraft dealer's license expires as provided for pursuant to this section or the aircraft dealer no longer holds a valid aircraft dealer's license.
Source: SDC 1939, § 2.0707 as enacted by SL 1966, ch 1, § 9; SL 1980, ch 330, § 8; SL 2010, ch 227, § 92.