43-35-6. Good will of a business--Definition--Property subject to transfer.
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/sd/title-43/chapter-43-35/43-35-6·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The good will of a business is the expectation of continued public patronage, but it does not include a right to use the name of any person from whom it was acquired.
The good will of a business is property, transferable like any other.