South Dakota § 48-7A-1103 Effect of failure to qualify.

South Dakota Statutes

§ 48-7A-1103 — Effect of failure to qualify.

South Dakota § 48-7A-1103

Title 48PARTNERSHIPS

Ch. 48-7UNIFORM PARTNERSHIP ACT

This text of South Dakota § 48-7A-1103 (Effect of failure to qualify.) 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 § 48-7A-1103 (2026).

Text

(a)A foreign limited liability partnership transacting business in this state may not maintain an action or proceeding in this state unless it has in effect a statement of foreign qualification.

(b)The failure of a foreign limited liability partnership to have in effect a statement of foreign qualification does not impair the validity of a contract or act of the foreign limited liability partnership or preclude it from defending an action or proceeding in this state.

(c)A limitation on personal liability of a partner is not waived solely by transacting business in this state without a statement of foreign qualification.

(d)If a foreign limited liability partnership transacts business in this state without a statement of foreign qualification, the secretary of state is its agent for ser

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(a) A foreign limited liability partnership transacting business in this state may not maintain an action or proceeding in this state unless it has in effect a statement of foreign qualification. (b) The failure of a foreign limited liability partnership to have in effect a statement of foreign qualification does not impair the validity of a contract or act of the foreign limited liability partnership or preclude it from defending an action or proceeding in this state. (c) A limitation on personal liability of a partner is not waived solely by transacting business in this state without a statement of foreign qualification. (d) If a foreign limited liability partnership transacts business in this state without a statement of foreign qualification, the secretary of state is its agent for service of process with respect to a right of action arising out of the transaction of business in this state.