South Dakota Codified Laws 32-7B-7. Proof of contract or franchise
Current as of: 2023 | Check for updates
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No dealer’s license may be issued to a person who desires to sell or offer for sale new boats, until the applicant furnishes proof, satisfactory to the department that the person has a bona fide contract or franchise in effect in this state with the manufacturer of the boat or boats.
Terms Used In South Dakota Codified Laws 32-7B-7
- Contract: A legal written agreement that becomes binding when signed.
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
Source: SL 1998, ch 185, § 7.