{"data":{"id":"us-sd/sdcl-37-25a-43","jurisdiction":"us-sd","citation":"SDCL § 37-25A-43","heading":"Fraud, deceit, and misleading statements and omissions prohibited in connection with offer or sale.","body":"No person, in connection with the offer or sale of any business opportunity in this state, may:\n(1) Employ any device, scheme, or artifice to defraud;\n(2) Make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading; or\n(3) Engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person.","path":["TITLE 37. TRADE REGULATION","CHAPTER 37-25A. BUSINESS OPPORTUNITIES"],"source_url":"https://sdlegislature.gov/Statutes/37-25A-43","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"c5f2721f071762e572ff92d943ec6cc507bf801cd1a4f1b49333c1d0dc0471e2","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-37-25a-42","next":"us-sd/sdcl-37-25a-44"},"notice":"GroundRules: Original legal text. Not legal advice."}