One or more physical therapists licensed pursuant to chapter 36-10, occupational therapists licensed pursuant to chapter 36-31, speech-language pathologists licensed pursuant to chapter 36-37, or any combination of such licensees, may form a corporation under the South Dakota Business Corporation Act. The articles of incorporation must contain provisions complying with the requirements of this chapter.

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Terms Used In South Dakota Codified Laws 47-11G-2

  • Articles of incorporation: includes the articles of organization of a limited liability company. See South Dakota Codified Laws 47-11G-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.
  • Corporation: includes both corporations under the South Dakota Business Corporations Act and limited liability companies under the South Dakota Limited Liability Company Act. See South Dakota Codified Laws 47-11G-1

Source: SL 2022, ch 167, § 2.