STATE STATUTES & CODES

SOUTH DAKOTA STATUTES AND CODES

Chapter 25A - Business Opportunities

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