Section 37-5-6 - Contracts subject to dealer's right to recovery of costs and charges on cancellation. - South-dakota Statutes

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37-5-6. Contracts subject to dealer's right to recovery of costs and charges on cancellation. The provisions of § 37-5-5 relating to a retailer's right to cancel or discontinue a contract and receive payment for machines, attachments, and parts returned shall apply to all contracts in effect on July 1, 1969, which have no expiration date and are a continuing contract, and all other contracts entered into or renewed after July 1, 1969. Any contract in force and effect on July 1, 1969, which by its own terms will terminate on a date subsequent thereto shall be governed by the law as it existed prior to July 1, 1969.

Source: SL 1969, ch 206, § 1.

State Codes and Statutes

Statutes > South-dakota > Title-37 > Chapter-05 > Statute-37-5-6

37-5-6. Contracts subject to dealer's right to recovery of costs and charges on cancellation. The provisions of § 37-5-5 relating to a retailer's right to cancel or discontinue a contract and receive payment for machines, attachments, and parts returned shall apply to all contracts in effect on July 1, 1969, which have no expiration date and are a continuing contract, and all other contracts entered into or renewed after July 1, 1969. Any contract in force and effect on July 1, 1969, which by its own terms will terminate on a date subsequent thereto shall be governed by the law as it existed prior to July 1, 1969.

Source: SL 1969, ch 206, § 1.

State Codes and Statutes

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State Codes and Statutes

Statutes > South-dakota > Title-37 > Chapter-05 > Statute-37-5-6

37-5-6. Contracts subject to dealer's right to recovery of costs and charges on cancellation. The provisions of § 37-5-5 relating to a retailer's right to cancel or discontinue a contract and receive payment for machines, attachments, and parts returned shall apply to all contracts in effect on July 1, 1969, which have no expiration date and are a continuing contract, and all other contracts entered into or renewed after July 1, 1969. Any contract in force and effect on July 1, 1969, which by its own terms will terminate on a date subsequent thereto shall be governed by the law as it existed prior to July 1, 1969.

Source: SL 1969, ch 206, § 1.