South Dakota Codified Laws 47-11F-8. Suspension or revocation of certificate–Grounds
Any licensing board having jurisdiction over a professional corporation may suspend or revoke the certificate of registration issued under this chapter for any of the following reasons:
(1) The revocation or suspension of the license to practice of any shareholder or professional employee not promptly removed or discharged by the corporation;
Terms Used In South Dakota Codified Laws 47-11F-8
- 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.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
(2) Unprofessional conduct by any shareholder or professional employee not promptly removed or discharged by the corporation;
(3) The death of the last remaining shareholder; or
(4) Upon a finding that the certificate holder has failed to comply with the provisions of this chapter or rules prescribed by any licensing board having jurisdiction over the certificate holder.
Source: SL 2000, ch 219, § 8.