37-36-9.Exempt demand letters.This chapter does not apply to any demand letter sent by:(1)Any corporation traded on a public stock exchange or any entity owned or controlled by such corporation;(2)Any owner of the patent who is using the patent in connection with the production, manufacturing, processing, or delivery of products or materials;(3)Any institution of higher education as that term is defined in section 101 of the Higher Education Act of 1965 (20 U.S. C. 1001) as of January 1, 2014; or(4)Any technology transfer organization whose primary purpose is to facilitate the commercialization of technology developed by an institution of higher education. Source: SL 2014, ch 192, §9.
South Dakota Legal Code