S.D. Codified Laws § 32-6B-76

Current through the 2024 Legislative Session
Section 32-6B-76 - Approval may not be unreasonably withheld

Approval by a manufacturer or franchisor of an application filed under §§ 32-6B-73 to 32-6B-78, inclusive, may not be unreasonably withheld. It is unreasonable for a manufacturer or franchisor to reject a prospective transferee who otherwise meets the manufacturer's or franchisor's written, reasonable, and uniformly applied standards or qualifications, if any, relating to the prospective transferee's business experience and financial qualifications.

SDCL 32-6B-76

SL 2000, ch 150, §4; SL 2002, ch 153, §2.