South Dakota Statutes

§ 32-6B-81 — Manufacturer or franchisor may own or operate for limited period--Conditions.

South Dakota·Title 32 MOTOR VEHICLES·Ch. 32-6A REGULATION OF VEHICLE DEALERS

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.

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South Dakota § 32-6B-81 (Manufacturer or franchisor may own or operate for limited period--Conditions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 2000, ch 151, § 3.

Nearby Sections

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