A foreign limited partnership may register with the secretary of state under any name, whether or not it is the name under which it is registered in its state of organization, that includes the words “limited partnership” or the initials “L.P.” or “LP” and that could be registered by a domestic limited partnership under the provisions of § 48-7-102.

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Terms Used In South Dakota Codified Laws 48-7-904

  • 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.

Source: SL 1986, ch 391, § 904; SL 1990, ch 370, § 7; SL 2014, ch 216, § 2.