South Dakota Registration Statement
Description
How to fill out Registration Statement?
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FAQ
South Dakota is classified as a filing state, and its laws relating to franchise registration, the offer and sale of franchises, and other aspects of the franchise relationship are codified at S.D. Code §§ 37-5B-1 et seq. (the ?Franchise Investment Law?).
South Dakota is a franchise registration state. So, you must file your FDD with the Division of Insurance and Securities Regulation of the South Dakota Department of Labor and Regulation prior to offering or selling franchises in the state.
Franchise registration states include California, Maryland, Michigan, Minnesota, New York, and North Dakota. Franchise filing states include Connecticut, Florida, Kentucky, South Carolina, and South Dakota.
Although South Carolina is not a franchise registration state, it has enacted Business Opportunity Laws that, if triggered, require the filing of a notice and, potentially, the registering of your franchise offering as a business opportunity.
Registration Fees Motor vehicles registered in the State of South Dakota are subject to the 4% motor vehicle excise tax. Mobile / Manufactured homes are subject to the 4% initial registration fee. All fees are assessed from purchase date regardless of when an applicant applies for title and registration.
Renew South Dakota Car Registration Online Go to the South Dakota DMV car registration website. Create an Online Account. Type in First Name, Middle Name, Last Name, Last 4 digits of your Social Security Number, and your ID Number. Pay the amount the system shows you.
North Dakota is a franchise registration state. Before you offer or sell a franchise in North Dakota, you must register your Franchise Disclosure Document (FDD) with the North Dakota Securities Department.
You will need your original out of state titles, a copy of your state driver license, social security number, and a Motor Vehicle and Boat Title & Registration Application. Take this paperwork to your local county treasurer's office to complete registration process.
