South Dakota Statutes
§ 47-11G-1 — Definition of terms.
South Dakota § 47-11G-1
JurisdictionSouth Dakota
Title 47CORPORATIONS
Ch. 47-10PHYSICAL THERAPY, OCCUPATIONAL THERAPY, AND SPEECH-LANGUAGE PATHOLOGY CORPORATIONS
This text of South Dakota § 47-11G-1 (Definition of terms.) 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 § 47-11G-1 (2026).
Text
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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Legislative History
SL 2022, ch 167, § 1.
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Repealed§ 47-1-3
Repealed§ 47-10-1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 § 47-11G-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-11G-1.