South Dakota Codified Laws 47-11D-1. Formation of corporation or limited liability company authorized
Current as of: 2023 | Check for updates
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One or more physician assistants may form a professional corporation for practicing as physician’s assistants under the South Dakota Business Corporation Act, if such corporations are organized and operated in accordance with the provisions of this chapter.
Physician’s assistants may form a professional limited liability company under the South Dakota Limited Liability Company Act if the limited liability company is organized and operated in accordance with the provisions of this chapter. The articles of organization of the limited liability company shall contain provisions complying with the requirements of this chapter.
Terms Used In South Dakota Codified Laws 47-11D-1
- 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.
Source: SL 1993, ch 337, § 1; SL 2000, ch 222, § 5.