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§ 32-6B-76 Approval may not be unreasonably withheld.

SD Codified L § 32-6B-76 (2019) (N/A)
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32-6B-76. Approval may not be unreasonably withheld. Approval by a manufacturer or franchisor of an application filed under §§ 32-6B-73 to 32-6B-78, inclusive, may not be unreasonably withheld. It is unreasonable for a manufacturer or franchisor to reject a prospective transferee who otherwise meets the manufacturer's or franchisor's written, reasonable, and uniformly applied standards or qualifications, if any, relating to the prospective transferee's business experience and financial qualifications.

Source: SL 2000, ch 150, § 4; SL 2002, ch 153, § 2.

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§ 32-6B-75 Manufacturer or franchisor to determine prospective transferee's qualification--Notice of decision--Statement of reasons for rejection.
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