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South Dakota Codified Laws
Title 37
Chapter 37-25A
S.D. Codified Laws ch. 37-25A
Business Opportunities
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37-25A-1
Definitions.
37-25A-2
Exclusions from definition of business opportunity.
37-25A-3
Exemptions.
37-25A-4
Revocation or denial of exemption--Procedure.
37-25A-5
Revocation or denial of exemption without hearing pending final determination--Notice--Request for hearing.
37-25A-6
Offer or sale without knowledge of order revoking or denying exemption.
37-25A-7
Offer or sale of opportunity not registered or exempt prohibited.
37-25A-8
Filings required to register opportunity.
37-25A-9
Appointment of director as agent for service of process--Procedure for service through director.
37-25A-10
Fee for registration.
37-25A-11
Effective date of registration.
37-25A-12
Term of registration--Renewal statement and fee--Sales report.
37-25A-13
Rule requiring filing of advertising and literature authorized.
37-25A-14
Delivery of written disclosure document to purchaser required.
37-25A-15
Form and content of disclosure statement.
37-25A-16
Business opportunity contract to be written--Copy to purchaser.
37-25A-17
Required contract provisions.
37-25A-18
Denial, revocation, or suspension of registration--Grounds.
37-25A-19
Limitation of revocation, suspension, or denial proceeding.
37-25A-20
Summary suspension or postponement of effectiveness of registration--Notice--Hearing--Modification.
37-25A-21
Prerequisites to entry of stop order.
37-25A-22
Vacation or modification of orders--Grounds.
37-25A-23
Net worth or bond requirements for use of income, refund, or repurchase representations.
37-25A-24
Period bond required--Notice required prior to lapse.
37-25A-25
Use or disclosure of information by director restricted.
37-25A-26
Investigatory powers of director--Publication of information concerning violations.
37-25A-27
Administration of oaths--Subpoena power--Taking evidence.
37-25A-28
Enforcement of subpoena.
37-25A-29
Privilege against self-incrimination not excusing witness--Prosecution of witness restricted.
37-25A-30
Cease and desist orders--Injunction actions--Reference of evidence for prosecution.
37-25A-31
Appeal of director's order.
37-25A-32
Promulgation of rules and forms.
37-25A-33
Findings required for adoption or change of rules--Cooperation with other jurisdictions.
37-25A-34
Liability not imposed on acts conforming to rule, form or order.
37-25A-35
Receipt by director as filing--Records maintained--Public inspection.
37-25A-36
Interpretive opinions by director--Fee.
37-25A-37
Sales and offers subject to chapter.
37-25A-38
Offers to sell made in this state.
37-25A-39
Offers to sell accepted in this state.
37-25A-40
Offers to sell not made in this state.
37-25A-41
Conduct constituting appointment of director as attorney for service of process.
37-25A-42
Continuances where process served under chapter.
37-25A-43
Fraud, deceit, and misleading statements and omissions prohibited in connection with offer or sale.
37-25A-44
False or misleading statements or omissions in proceedings or filings prohibited.
37-25A-45
Filing and registration not constituting finding of truthfulness or approval--Contrary representations prohibited.
37-25A-46
Advertising with misleading statements or omissions prohibited.
37-25A-47
Violations as felonies--Separate offenses.
37-25A-48
Civil liability for registration violations.
37-25A-49
Civil liability for representation violations.
37-25A-50
Action on bond.
37-25A-51
Liability of person aiding or controlling violator.
37-25A-52
Limitation of actions to enforce civil liability.
37-25A-53
Rights and remedies under chapter additional.
37-25A-54
Waiver of rights void.
37-25A-55
Civil penalty.