It is unlawful to directly or indirectly impose unreasonable restrictions on the motor vehicle dealer or franchisee relative to transfer, sale, relocation, right to renew, termination, discipline, noncompetition covenants, site-control (whether by sublease, collateral pledge of lease, or otherwise), or to exercise a right of first refusal to purchase, option to purchase, or compliance with subjective standards and assertion of legal or equitable rights.
S.C. Code Ann. § 56-15-70
Certain unreasonable restrictions on dealers or franchisees unlawful
1962 Code SECTION 46-150.157; 1972 (57) 2419; 2021 Act No. 31 (S.510), SECTION 10, eff August 4, 2021.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.