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.
S.D. Codified Laws § 32-6B-76
Approval may not be unreasonably withheld
Source: SL 2000, ch 150, § 4; SL 2002, ch 153, § 2.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.