South Dakota Codified Laws 37-25A-17. Required contract provisions
Any contract or agreement shall set forth in at least ten–point type or equivalent size, if handwritten, the following:
(1) The terms and condition of any payments due to the seller;
Terms Used In South Dakota Codified Laws 37-25A-17
- Contract: A legal written agreement that becomes binding when signed.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Service of process: The service of writs or summonses to the appropriate party.
(2) The seller’s principal business address and the name and address of the seller’s agent in this state authorized to receive service of process;
(3) The business form of the seller, whether corporate, partnership, or otherwise;
(4) The delivery date or, if the contract provides for a periodic delivery of items to the purchaser, the approximate delivery date of the product, equipment, or supplies the seller is to deliver to the purchaser to enable the purchaser to start his business; and
(5) Whether the product, equipment, or supplies are to be delivered to the purchaser’s home or business address or are to be placed or caused to be placed by the seller at locations owned or managed by persons other than the purchaser.
Source: SL 1985, ch 305, § 17.