<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 43-35-6 - Good will of a business--Definition--Property subject to transfer. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2065621Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2065621SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2065621CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2065621Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2065621DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2065621Normal-000001 { margin-top: 0; margin-bottom: 0; text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2065621000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2065621SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2065621SCL-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="s2065621Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=43-35-6"><span class="s2065621SENU">43-35-6</span></a><span xml:space="preserve" class="s2065621SENU">. </span><span class="s2065621CL">Good will of a business--Definition--Property subject to transfer.</span></p><p dir="ltr" class="s2065621Normal-000000"><span class="s2065621DefaultParagraphFont">The good will of a business is the expectation of continued public patronage, but it does not include a right to use the name of any person from whom it was acquired.</span></p><p dir="ltr" class="s2065621Normal-000001"><span class="s2065621DefaultParagraphFont">The good will of a business is property, transferable like any other.</span></p><p dir="ltr" class="s2065621Normal"><span xml:space="preserve" class="s2065621000002"> </span></p><p dir="ltr" class="s2065621Normal"><span class="s2065621SCL">Source:</span><span xml:space="preserve" class="s2065621SCL-000003"> CivC 1877, §§ 577, 578; CL 1887, §§ 3200, 3201; RCivC 1903, §§ 893, 894; RC 1919, §§ 491, 492; SDC 1939, § 51.0810.</span></p></div></body></html>