South Dakota law previously allowed employers and insurance companies to enforce non-compete agreements for up to two years after an employee or contractor leaves; this bill reduces that maximum period to one year. The change applies both to standard employment contracts and to agreements with captive insurance agents, making it easier for workers to compete in their former field sooner after leaving their job.
Commerce and Energy Tabled Passed, YEAS 5, NAYS 1.
Commerce and Energy Scheduled for hearing
Commerce and Energy Scheduled for hearing
First read in Senate and referred to Senate Commerce and Energy S.J. 116
Brock Greenfield
Prime sponsor · Sen.
R
Cosponsors
Commerce and Energy — Tabled