S.D. Codified Laws § 32-6B-81

Current through the 2024 Legislative Session

Section 32-6B-81 - Manufacturer or franchisor may own or operate for limited period-Conditions

A manufacturer or franchisor may own an interest in a franchised vehicle dealer, or otherwise control a dealership, for a period not to exceed twelve months from the date the manufacturer or franchisor acquires the dealership if:

(1) The person from whom the manufacturer or franchisor acquired the dealership was a franchised dealer; and

(2) The dealership is for sale by the manufacturer or franchisor at a reasonable price and on reasonable terms and conditions.

SDCL 32-6B-81

SL 2000, ch 151, §3.