South Dakota Codified Laws
Chapter 11B - Optometric Corporations
Section 47-11B-1.1 - Definition of terms.

47-11B-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, §39H.

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