15-68-208. Nontaxability -- sale of property for resale. The sale of property is nontaxable if:
     (1) the sale is made to a buyer who delivers a nontaxable transaction certificate to the seller;
     (2) the buyer resells the property either by itself or in combination with other property; and
     (3) the subsequent sale is in the ordinary course of business and the property will be subject to the sales tax.

     History: En. Sec. 12, Ch. 544, L. 2003.