South Dakota Statutes
§ 47-1A-204 — Liability for pre-incorporation transactions.
South Dakota § 47-1A-204
This text of South Dakota § 47-1A-204 (Liability for pre-incorporation transactions.) 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 § 47-1A-204 (2026).
Text
Any person purporting to act as or on behalf of a corporation, knowing there was no incorporation under this chapter, is jointly and severally liable for all liabilities created while so acting.
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Legislative History
SL 2005, ch 239, § 33.
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Repealed§ 47-1-3
Repealed§ 47-10-1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 § 47-1A-204, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-1A-204.