S.D. Codified Laws § 53-9-10

Current through the 2024 Legislative Session

Section 53-9-10 - Dissolution of partnership-Agreement of partners to refrain from carrying on similar business, validity

Partners may, upon or in anticipation of a dissolution of the partnership, agree that none of them will carry on a similar business within the same municipality where the partnership business has been transacted or within a specified part thereof.

SDCL 53-9-10

CivC 1877, § 961; CL 1887, § 3585; RCivC 1903, § 1279; RC 1919, § 900; SL 1929, ch 88; SDC 1939, § 10.0706 (2).