South Dakota Statutes
§ 47-34A-201 — Limited liability company as legal entity.
South Dakota § 47-34A-201
This text of South Dakota § 47-34A-201 (Limited liability company as legal entity.) 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 § 47-34A-201 (2026).
Text
A limited liability company is a legal entity distinct from its members. A member of a limited liability company is not a proper party to proceedings by or against a limited liability company.
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Related
MacH v. Connors
979 N.W.2d 161 (South Dakota Supreme Court, 2022)
Stewart v. Plains Commerce Bank
(D. South Dakota, 2025)
Legislative History
SL 1998, ch 272, § 201.
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Repealed§ 47-1-3
Repealed§ 47-10-1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 § 47-34A-201, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-34A-201.