South Dakota Codified Laws 37-36-9. Exempt demand letters
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This chapter does not apply to any demand letter sent by:
(1) Any corporation traded on a public stock exchange or any entity owned or controlled by such corporation;
Terms Used In South Dakota Codified Laws 37-36-9
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(2) Any owner of the patent who is using the patent in connection with the production, manufacturing, processing, or delivery of products or materials;
(3) Any institution of higher education as that term is defined in section 101 of the Higher Education Act of 1965 (20 U.S.C. § 1001) as of January 1, 2014; or
(4) Any technology transfer organization whose primary purpose is to facilitate the commercialization of technology developed by an institution of higher education.
Source: SL 2014, ch 192, § 9.