South Dakota Codified Laws 39-5-41. Principal or employer liable for acts or omissions of agent or employee
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When construing or enforcing the provisions of this chapter, the act, omission, or failure of any person acting for or employed by an individual, partnership, limited liability company, corporation, association, or other business unit, within the scope of employment or office, shall in every case be deemed the act, omission, or failure of such individual, partnership, limited liability company, corporation, association, or other business unit, as well as of such person.
Terms Used In South Dakota Codified Laws 39-5-41
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
Source: SL 1968, ch 158, § 15; SL 1994, ch 351, § 93.