South Dakota § 47-11F-2 Professional corporation defined.

South Dakota Statutes

§ 47-11F-2 — Professional corporation defined.

South Dakota § 47-11F-2

Title 47CORPORATIONS

Ch. 47-10HEALTH CARE CORPORATIONS, LIMITED LIABILITY COMPANIES AND LIMITED LIABILITY PARTNERSHIPS

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Bluebook

S.D. Codified Laws § 47-11F-2 (2026).

Text

For the purposes of this chapter, the term, professional corporation, includes a limited liability company organized under chapter 47-34A or a limited liability partnership organized under chapter 48-7 . With respect to a limited liability company, references in this chapter to articles of incorporation, by - laws, directors, officers, shareholders, and shares of stock refer to articles of organization, operating agreement, governors, managers, members, and membership interest, respectively. With respect to a limited liability partnership, references in this chapter to articles of incorporation and by - laws refer to partnership agreement, references to directors, officers, and shareholders refer to partners, and references to shares of stock refer to partnership interests.

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For the purposes of this chapter, the term, professional corporation, includes a limited liability company organized under chapter 47-34A or a limited liability partnership organized under chapter 48-7 . With respect to a limited liability company, references in this chapter to articles of incorporation, by - laws, directors, officers, shareholders, and shares of stock refer to articles of organization, operating agreement, governors, managers, members, and membership interest, respectively. With respect to a limited liability partnership, references in this chapter to articles of incorporation and by - laws refer to partnership agreement, references to directors, officers, and shareholders refer to partners, and references to shares of stock refer to partnership interests.