South Dakota Codified Laws
Chapter 35 - Transfer Of Personal Property
Section 43-35-6 - Good will of a business--Definition--Property subject to transfer.

43-35-6. Good will of a business--Definition--Property subject to transfer.
The good will of a business is the expectation of continued public patronage, but it does not include a right to use the name of any person from whom it was acquired.
The good will of a business is property, transferable like any other.

Source: CivC 1877, §§577, 578; CL 1887, §§3200, 3201; RCivC 1903, §§893, 894; RC 1919, §§491, 492; SDC 1939, §51.0810.

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Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 43 - Property

Chapter 35 - Transfer Of Personal Property

Section 43-35-1 - Title to personal property--Sale or exchange--Law governing--Exception.

Section 43-35-2 - Transfer of interest in ship or existing trust--Operation of law--Written instrument.

Section 43-35-3 - Passing of title to personal property sold or exchanged--Exception.

Section 43-35-4 - Executory agreement for sale or exchange of personal property--Transfer of title--Exception.

Section 43-35-6 - Good will of a business--Definition--Property subject to transfer.