South Dakota § 47-34A-910 Domestication.

South Dakota Statutes

§ 47-34A-910 — Domestication.

South Dakota § 47-34A-910

Title 47CORPORATIONS

Ch. 47-34UNIFORM LIMITED LIABILITY COMPANY ACT

This text of South Dakota § 47-34A-910 (Domestication.) 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-910 (2026).

Text

(a)A foreign limited liability company may become a limited liability company pursuant to §§ 47-34A-911 to 47-34A-913 , inclusive, and a plan of domestication, if:

(1)The foreign limited liability company's governing statute authorizes the domestication;

(2)The domestication is not prohibited by the law of the jurisdiction that enacted the governing statute; and (3) The foreign limited liability company complies with its governing statute in effecting the domestication.

(b)A limited liability company may become a foreign limited liability company pursuant to §§ 47-34A-911 to 47-34A-913 , inclusive, and a plan of domestication, if:

(1)The foreign limited liability company's governing statute authorizes the domestication;

(2)The domestication is not prohibited by the law

Free access — add to your briefcase to read the full text and ask questions with AI

(a) A foreign limited liability company may become a limited liability company pursuant to §§ 47-34A-911 to 47-34A-913 , inclusive, and a plan of domestication, if: (1) The foreign limited liability company's governing statute authorizes the domestication; (2) The domestication is not prohibited by the law of the jurisdiction that enacted the governing statute; and (3) The foreign limited liability company complies with its governing statute in effecting the domestication. (b) A limited liability company may become a foreign limited liability company pursuant to §§ 47-34A-911 to 47-34A-913 , inclusive, and a plan of domestication, if: (1) The foreign limited liability company's governing statute authorizes the domestication; (2) The domestication is not prohibited by the law of the jurisdiction that enacted the governing statute; and (3) The foreign limited liability company complies with its governing statute in effecting the domestication. (c) A plan of domestication must be in a record and must include: (1) The name of the domesticating company before domestication and the jurisdiction of its governing statute; (2) The name of the domesticated company after domestication and the jurisdiction of its governing statute; (3) The terms and conditions of the domestication, including the manner and basis for converting interests in the domesticating company into any combination of money, interests in the domesticated company, and other consideration; and (4) The organizational documents of the domesticated company that are, or are proposed to be, in a record.