State Law

South Dakota Codified Laws-Title 53-Chapter 53-9. Unlawful Contracts

08/24/2023 South Dakota Section 53-9-9

Sale of good will–Seller’s agreement with buyer to refrain from carrying on similar business, validity

Restrictive Covenants

Any person who sells the good will of a business may agree with the buyer to refrain from carrying on a similar business within a specified county, city, or other specified area, as long as the buyer or person deriving title to the good will from the seller carries on a like business within the specified geographical area.