South Dakota Codified Laws 32-6B-69.1. Audit by franchisor–Limitation–Exception
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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.
Terms Used In South Dakota Codified Laws 32-6B-69.1
- Fraud: Intentional deception resulting in injury to another.
Source: SL 2002, ch 153, § 5; SL 2010, ch 156, § 15, eff. Mar. 9, 2010.