South Dakota Statutes
§ 47-34A-502 — Transfer of distributional interest.
South Dakota § 47-34A-502
This text of South Dakota § 47-34A-502 (Transfer of distributional interest.) 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-502 (2026).
Text
A transfer of a distributional interest does not entitle the transferee to become or to exercise any rights of a member. A transfer entitles the transferee to receive, to the extent transferred, only the distributions to which the transferor would be entitled.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
SL 1998, ch 272, § 502.
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Repealed§ 47-1-3
Repealed§ 47-10-1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
Powers of corporations.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 47-34A-502, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-34A-502.