South Dakota § 47-11G-1 Definition of terms.

South Dakota Statutes

§ 47-11G-1 — Definition of terms.

South Dakota·Title 47 CORPORATIONS·Ch. 47-10 PHYSICAL THERAPY, OCCUPATIONAL THERAPY, AND SPEECH-LANGUAGE PATHOLOGY CORPORATIONS

As used in this chapter:

(1)"Articles of incorporation," includes the articles of organization of a limited liability company;

(2)"Corporation," includes both corporations under the South Dakota Business Corporations Act and limited liability companies under the South Dakota Limited Liability Company Act;

(3)"Director" or "officer," includes any manager of a limited liability company or the members of a limited liability company that does not have managers;

(4)"Incorporation," includes the organization of a limited liability company;

(5)"Shareholders," includes the members of a limited liability company; and (6) "Shares," includes membership interests in a limited liability company.

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As used in this chapter: (1) "Articles of incorporation," includes the articles of organization of a limited liability company; (2) "Corporation," includes both corporations under the South Dakota Business Corporations Act and limited liability companies under the South Dakota Limited Liability Company Act; (3) "Director" or "officer," includes any manager of a limited liability company or the members of a limited liability company that does not have managers; (4) "Incorporation," includes the organization of a limited liability company; (5) "Shareholders," includes the members of a limited liability company; and (6) "Shares," includes membership interests in a limited liability company.

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