South Dakota Statutes
§ 47-34A-605 — State of dissociation.
(a)A dissociated member or a limited liability company may file in the office of the secretary of state a statement of dissociation stating the name of the company and that the member is dissociated from the company. If the statement is filed by a dissociated member a copy of the statement must also be delivered to the company by the dissociated member.
(b)For the purposes of §§ 47-34A-301 and 47-34A-604 , a person not a member is deemed to have notice of the dissociation ninety days after the statement of dissociation is filed.
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Related
Federal Trade Commission v. Payday Financial LLC
989 F. Supp. 2d 799 (D. South Dakota, 2013)
Legislative History
SL 1998, ch 272, § 605.
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Repealed§ 47-1-3
Repealed§ 47-10-1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.