In order to register a business opportunity, the seller shall file with the director of the Division of Insurance one of the following disclosure documents with the appropriate cover sheet as required by § 37-25A-15, a consent to service of process as specified in § 37-25A-9 and the appropriate fee as required by § 37-25A-10:

(1) A disclosure document prepared pursuant to § 37-25A-15; or

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Terms Used In South Dakota Codified Laws 37-25A-8

  • Service of process: The service of writs or summonses to the appropriate party.

(2) A disclosure document prepared pursuant to 16 C.F.R. part 437 as of January 1, 2008.

Source: SL 1985, ch 305, § 8; SL 2008, ch 203, § 58; SL 2017, ch 231 (Ex. Ord. 17-2), § 19, eff. Apr. 13, 2017.