{"data":{"id":"us-sd/sdcl-37-5b-17","jurisdiction":"us-sd","citation":"SDCL § 37-5B-17","heading":"Delivery of disclosure document.","body":"In connection with the offer or sale of a franchise in this state, unless the transaction is exempted by the provisions of §§ 37-5B-12 to 37-5B-16, inclusive, it is a prohibited practice and a violation of this chapter for any person, directly or indirectly, to:\n(1) Fail to furnish a prospective franchisee with a copy of the franchisor's current disclosure document at least fourteen calendar-days before the prospective franchisee signs a binding agreement with, or makes any payment to, the franchisor or an affiliate in connection with the proposed franchise sale;\n(2) Alter unilaterally and materially the terms and conditions of the basic franchise agreement or any related agreements attached to the disclosure document without furnishing the prospective franchisee with a copy of each revised agreement at least seven calendar-days before the prospective franchisee signs the revised agreement. Any change to an agreement that arises out of negotiations initiated by the prospective franchisee does not trigger this seven calendar-day period; or\n(3) Fail to include all of the information required in the disclosure document if preparing the disclosure document to be furnished to a prospective franchisee. A franchise seller is liable for a violation of this subdivision if the seller either directly participated in the preparation of the disclosure document or had the authority to control those who did.","path":["TITLE 37. TRADE REGULATION","CHAPTER 37-5B. FRANCHISE INVESTMENT"],"source_url":"https://sdlegislature.gov/Statutes/37-5B-17","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"f3bfe643f9ad99b3d22b65faa95d827514c1b973e1015b53f4ea5c1bdaf3887c","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-37-5b-16","next":"us-sd/sdcl-37-5b-18"},"notice":"GroundRules: Original legal text. Not legal advice."}