South Dakota Codified Laws
Chapter 11E - Nursing Corporations
Section 47-11E-1.1 - Definition of terms.

47-11E-1.1. Definition of terms.
Terms used in this chapter shall also include the following terms:
(1)"Articles of incorporation," 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," any manager of a limited liability company or the members of a limited liability company that does not have managers;
(4)"Incorporation," the members of a limited liability company;
(5)"Shareholders," the members of a limited liability company;
(6)"Shares" or "stock," membership interests in a limited liability company.

Source: SL 2000, ch 222, ยง3.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 47 - Corporations

Chapter 11E - Nursing Corporations

Section 47-11E-1 - Professional service corporations and limited liability companies for the practice of nursing authorized.

Section 47-11E-1.1 - Definition of terms.

Section 47-11E-2 - Formation of corporation authorized.

Section 47-11E-3 - Powers and privileges.

Section 47-11E-4 - Name of corporation or limited liability company.

Section 47-11E-5 - Shareholders must be licensed and engaged in practice of nursing.

Section 47-11E-5.1 - Revocable trust as shareholder--Conditions.

Section 47-11E-6 - Ineligible shareholder to dispose of shares.

Section 47-11E-7 - Qualifications of president, directors and officers.

Section 47-11E-12.1 - 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.

Section 47-11E-12.2 - Amendment of articles of incorporation to be consistent with law.

Section 47-11E-13 - Filing of articles of incorporation.

Section 47-11E-14 - Corporations not to engage in practice of nursing outside of chapter.

Section 47-11E-15 - Pension profit sharing, health and accident insurance or welfare plan for employees--Restrictions.

Section 47-11E-16 - Standards of professional conduct--Compliance.

Section 47-11E-17 - Suspension of corporation or members from practice of nursing.

Section 47-11E-18 - Standards of professional conduct--Discipline.

Section 47-11E-19 - Effect of act.

Section 47-11E-20 - Board of Nursing to promulgate rules.