Section 32-6B-69.1 - Audit by franchisor--Limitation--Exception. - South Dakota Statutes

32-6B-69.1. Audit by franchisor--Limitation--Exception. A franchisor may reasonably and periodically audit a franchisee to determine the validity of paid claims or chargebacks for customer or dealer incentives. An audit of incentive payments may apply only for a period of one year after the claims are paid to the dealer. The limitations of this section do not apply if the franchisor can prove fraud.

Source: SL 2002, ch 153, § 5; SL 2010, ch 156, § 15, eff. Mar. 9, 2010.