South Dakota Statutes
§ 57A-2-306 — Output, requirements and exclusive dealings.
(1)A term which measures the quantity by the output of the seller or the requirements of the buyer means such actual output or requirements as may occur in good faith, except that no quantity unreasonably disproportionate to any stated estimate or in the absence of a stated estimate to any normal or otherwise comparable prior output or requirements may be tendered or demanded.
(2)A lawful agreement by either the seller or the buyer for exclusive dealing in the kind of goods concerned imposes unless otherwise agreed an obligation by the seller to use best efforts to supply the goods and by the buyer to use best efforts to promote their sale.
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South Dakota § 57A-2-306 (Output, requirements and exclusive dealings.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Famous Brands, Inc. v. David Sherman Corporation
814 F.2d 517 (Eighth Circuit, 1987)
Legislative History
SL 1966, ch 150, § 2-306; SDCL, §§ 57-4-11, 57-4-12.
Nearby Sections
15
§ 57A-1-101
Short title.§ 57A-1-102
Scope of chapter.§ 57A-1-104
Construction against implied repeal.§ 57A-1-105
Severability.§ 57A-1-106
Use of singular and plural--Gender.§ 57A-1-107
Section captions.§ 57A-1-201
General definitions.§ 57A-1-202
Notice--Knowledge.§ 57A-1-203
Lease distinguished from security interest.§ 57A-1-204
Value.§ 57A-1-205
Reasonable time--Seasonableness.§ 57A-1-206
Presumptions.§ 57A-1-207
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