South Dakota § 37-25A-45 - Filing and registration not constituting finding of truthfulness or approval--Contrary representations prohibited.
Full text of South Dakota South Dakota Codified Laws § 37-25A-45 — Filing and registration not constituting finding of truthfulness or approval--Contrary representations prohibited., with citation guidance and answers to common questions.
§ 37-25A-45. Filing and registration not constituting finding of truthfulness or approval--Contrary representations prohibited.
Neither the fact that an application for registration has been filed nor the fact that a business opportunity is effectively registered constitutes a finding by the director of the Division of Insurance that any document filed under this chapter is true, complete and not misleading. Neither any such fact nor the fact that an exemption or exception is available for a business opportunity means that the director has passed upon the merits or qualifications of, or recommend or given approval to, any person or business opportunity. No person may make or cause to be made to any purchaser any representation inconsistent with the foregoing.
Source: SL 1985, ch 305, § 45; SL 2017, ch 231 (Ex. Ord. 17-2), § 19, eff. Apr. 13, 2017.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 37-25A-45
What does South Dakota Codified Laws § 37-25A-45 cover?
Section 37-25A-45 ("Filing and registration not constituting finding of truthfulness or approval--Contrary representations prohibited.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 37-25A-45?
A common citation format is "South Dakota Codified Laws § 37-25A-45" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 37-25A-45 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.