South Dakota Statutes

§ 37-5-15 — Certain terms or conditions in dealership contract or lease prohibited--Not applicable to lease or sale of real property.

South Dakota·Title 37 TRADE REGULATION·Ch. 37-4A FRANCHISES OF DEALERS IN VEHICLES, IMPLEMENTS AND EQUIPMENT

No manufacturer may require a dealer to agree to the inclusion of a term or condition in a dealership contract, or in any lease or agreement ancillary or collateral to a dealership contract, as a condition to the offer, grant, or renewal of such dealership contract, lease, or agreement, that:

(1)Requires the dealer to waive trial by jury in cases involving the manufacturer;
(2)Requires that disputes between the manufacturer and dealer be submitted to arbitration or to any other binding alternate dispute resolution procedure. However, any dealership contract, lease, or agreement may authorize the submission of a dispute to arbitration or to binding alternate dispute resolution if the manufacturer and dealer voluntarily agree to submit the dispute to arbitration or binding alternate

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South Dakota § 37-5-15 (Certain terms or conditions in dealership contract or lease prohibited--Not applicable to lease or sale of real property.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Equipment Manufacturers Institute v. Janklow
88 F. Supp. 2d 1061 (D. South Dakota, 2000)

Legislative History

SL 1999, ch 200, § 3.

Nearby Sections

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