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Code · South Dakota · Title 32 · Chapter 32-6

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

75 words·~1 min read·/sd/title-32/chapter-32-6/32-6b-81

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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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