South Dakota Codified Laws 48-7-104. Specified office and agent
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Each limited partnership shall continuously maintain in this state:
(1) An office, which may but need not be a place of its business in this state, at which shall be kept the records required by § 48-7-105 to be maintained; and
Terms Used In South Dakota Codified Laws 48-7-104
- 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.
- Service of process: The service of writs or summonses to the appropriate party.
(2) An agent for service of process on the limited partnership that meets the requirements of §§ 59-11-1 to 59-11-23, inclusive.
Source: SL 1986, ch 391, § 104; SL 2006, ch 228, § 6; SL 2008, ch 275, § 81.