§ 47-11B-1 Optometric corporations and liability companies authorized
§ 47-11B-1.1 Definition of terms
§ 47-11B-2 Corporate name–Ethical standards
§ 47-11B-3 Optometric license required for officers, directors and shareholders
§ 47-11B-3.1 Revocable trust as shareholder–Conditions
§ 47-11B-4 Purchase at book value of shares of deceased or ineligible shareholder
§ 47-11B-5 Contracts for personal services with licensed optometrists
§ 47-11B-6 Professional services limited to licensed agents
§ 47-11B-7 Licensed employees subject to discipline under practice act
§ 47-11B-8 Certificate of registration required–Contents of application
§ 47-11B-9 Investigation on application–Conditions to issuance of certificate–Duration of certificate
§ 47-11B-10 Posting of certificate
§ 47-11B-11 Change of location of corporation–Certificate amended
§ 47-11B-12 Certificate not assignable
§ 47-11B-13 Annual renewal of certificate–Conditions
§ 47-11B-14 Suspension or revocation of certificate–Grounds
§ 47-11B-15 Suspension or revocation of certificate–Applicable procedure
§ 47-11B-16 Relationship with patient unchanged
§ 47-11B-21.1 Personal liability of shareholders, directors, and officers of professional corporations or members or managers of limited liability companies limited for corporate or individual obligations–Exception
§ 47-11B-21.2 Amendment of articles of incorporation to be consistent with law
§ 47-11B-21.3 Application of repealed provisions to acts, errors, or omissions occurring before July 1, 2005
§ 47-11B-22 Pension and insurance plans for employees–Restrictions on terms
§ 47-11B-23 Regulations issued by state board
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Terms Used In South Dakota Codified Laws > Title 47 > Chapter 11B - Optometric Corporations

  • Articles of incorporation: includes the articles of organization of a limited liability company. See South Dakota Codified Laws 47-11B-1.1
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Grantor: The person who establishes a trust and places property into it.
  • Incorporation: includes the members of a limited liability company. See South Dakota Codified Laws 47-11B-1.1
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • officer: includes any manager of a limited liability company or the members of a limited liability company that does not have managers. See South Dakota Codified Laws 47-11B-1.1
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Revocable trust: A trust agreement that can be canceled, rescinded, revoked, or repealed by the grantor (person who establishes the trust).
  • Shareholders: includes the members of a limited liability company. See South Dakota Codified Laws 47-11B-1.1
  • Statute: A law passed by a legislature.
  • Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.
  • written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2