South Dakota Statutes
§ 47-11F-15 — Corporate policies and actions to adhere to standards of professional conduct--Violations reported to licensing board--Board to have access to records.
South Dakota § 47-11F-15
JurisdictionSouth Dakota
Title 47CORPORATIONS
Ch. 47-10HEALTH CARE CORPORATIONS, LIMITED LIABILITY COMPANIES AND LIMITED LIABILITY PARTNERSHIPS
This text of South Dakota § 47-11F-15 (Corporate policies and actions to adhere to standards of professional conduct--Violations reported to licensing board--Board to have access to records.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 47-11F-15 (2026).
Text
No professional corporation may adopt, implement, or follow a policy, procedure, or practice, which would give any licensing board having jurisdiction grounds for disciplinary action, cause a violation of professional ethics, or cause a violation of the professional duty to use due care, against a shareholder or professional employee who follows, agrees to, or acquiesces in the policy, procedure, or practice. Any licensing board having jurisdiction shall be notified of any practice or policy adopted by the professional corporation that violates any provision of this chapter. Any dissension or deadlock resulting in a corporate policy or action violating the terms of this chapter shall be reported to any licensing board having jurisdiction. Any licensing board having jurisdiction shall have
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Legislative History
SL 2000, ch 219, § 15.
Nearby Sections
15
§ 47-1-1
Repealed§ 47-1-3
Repealed§ 47-10-1
Purposes of corporations.§ 47-10-10
Incorporators.§ 47-10-11
Directors--Number and term of office.§ 47-10-13
Accumulation of surplus--Use of surplus.§ 47-10-14
Persons authorized to hold common stock.§ 47-10-18
Nonstockholder members--Duty to lend.§ 47-10-2
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Bluebook (online)
South Dakota § 47-11F-15, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-11F-15.