<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 32-6B-81 - Manufacturer or franchisor may own or operate for limited period--Conditions. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2054019Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2054019SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2054019CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2054019Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2054019DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2054019Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2054019000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2054019SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2054019SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2054019Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-6B-81"><span class="s2054019SENU">32-6B-81</span></a><span xml:space="preserve" class="s2054019SENU">. </span><span class="s2054019CL">Manufacturer or franchisor may own or operate for limited period--Conditions.</span></p><p dir="ltr" class="s2054019Normal-000000"><span class="s2054019DefaultParagraphFont">A manufacturer or franchisor may own an interest in a franchised vehicle dealer, or otherwise control a dealership, for a period not to exceed twelve months from the date the manufacturer or franchisor acquires the dealership if:</span></p><p dir="ltr" class="s2054019Normal-000001"><span class="s2054019DefaultParagraphFont">(1)    The person from whom the manufacturer or franchisor acquired the dealership was a franchised dealer; and</span></p><p dir="ltr" class="s2054019Normal-000001"><span class="s2054019DefaultParagraphFont">(2)    The dealership is for sale by the manufacturer or franchisor at a reasonable price and on reasonable terms and conditions.</span></p><p dir="ltr" class="s2054019Normal"><span xml:space="preserve" class="s2054019000002"> </span></p><p dir="ltr" class="s2054019Normal"><span class="s2054019SCL">Source:</span><span xml:space="preserve" class="s2054019SCL-000003"> SL 2000, ch 151, § 3.</span></p></div></body></html>