South Dakota § 47-34A-1005 Noncomplying name of foreign limited liability company.

South Dakota Statutes

§ 47-34A-1005 — Noncomplying name of foreign limited liability company.

South Dakota·Title 47 CORPORATIONS·Ch. 47-34 UNIFORM LIMITED LIABILITY COMPANY ACT

(a)A foreign limited liability company whose name does not comply with § 47-34A-105 may not obtain a certificate of authority until it adopts, for the purpose of transacting business in this state, an alternate name that complies with § 47-34A-105 . A foreign limited liability company that adopts an alternate name under this subsection and obtains a certificate of authority with the alternate name need not comply with chapter 37-11 or § 47-34A-105 . After obtaining a certificate of authority with an alternate name, a foreign limited liability company shall transact business in this state under the alternate name unless the company is authorized under chapter 37-11 or § 47-34A-105 to transact business in this state under another name.

(b)If a foreign limited liability company authorized t

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(a) A foreign limited liability company whose name does not comply with § 47-34A-105 may not obtain a certificate of authority until it adopts, for the purpose of transacting business in this state, an alternate name that complies with § 47-34A-105 . A foreign limited liability company that adopts an alternate name under this subsection and obtains a certificate of authority with the alternate name need not comply with chapter 37-11 or § 47-34A-105 . After obtaining a certificate of authority with an alternate name, a foreign limited liability company shall transact business in this state under the alternate name unless the company is authorized under chapter 37-11 or § 47-34A-105 to transact business in this state under another name. (b) If a foreign limited liability company authorized to transact business in this state changes its name to one that does not comply with § 47-34A-105 , it may not thereafter transact business in this state until it complies with subsection (a) and obtains an amended certificate of authority.

South Dakota § 47-34A-1005 (Noncomplying name of foreign limited liability company.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.