47-11-1.1. Definition of terms.
Terms used in this chapter mean:
(1)"Articles of incorporation," includes the articles of organization of a limited liability company;
(2)"Corporation," both corporations under the South Dakota Business Corporations Act and limited liability companies under the South Dakota Limited Liability Company Act;
(3)"Director" or "officer," includes any manager of a limited liability company or the members of a limited liability company that does not have managers;
(4)"Incorporation," includes the members of a limited liability company;
(5)"Shareholders," includes the members of a limited liability company;
(6)"Shares" or "stock," includes membership interests in a limited liability company.
Source: SL 1993, ch 344, ยง39B.
Structure South Dakota Codified Laws
Chapter 11 - Medical Corporations
Section 47-11-1.1 - Definition of terms.
Section 47-11-2 - Corporate name.
Section 47-11-3 - Medical license required for all officers, directors, and shareholders.
Section 47-11-3.1 - Revocable trust as shareholder--Conditions.
Section 47-11-4 - Death of shareholder--Computation of book value.
Section 47-11-5 - Contracts for personal services with licensed persons.
Section 47-11-6 - Employees subject to Medical Practice Act.
Section 47-11-7 - Certificate of registration required--Application for certificate--Contents.
Section 47-11-9 - Posting of certificate required.
Section 47-11-10 - Amending certificate upon change of location.
Section 47-11-11 - Certificate not assignable.
Section 47-11-12 - Annual renewal of certificate--Conditions.
Section 47-11-13 - Suspension or revocation of certificate--Grounds.
Section 47-11-14 - Notice and hearing required--Contents of notice.
Section 47-11-15 - Appeal from denial of certificate--Power of court on appeal.
Section 47-11-16 - Service of notice of appeal.
Section 47-11-17 - Physician-patient relationship unaffected.
Section 47-11-18 - Private corporations law as applicable.
Section 47-11-19 - Severability and saving clause.