Supplemental principles of law
Known as the South Dakota Limited Liability Company Act
The act spans §§ 47–47 (113 sections).
Source: SL 1998, ch 272, § 104.
(a) Unless displaced by particular provisions of this chapter the principles of law and equity supplement this chapter.
(b) If an obligation to pay interest arises under this chapter and the rate is not specified, the rate is that specified in subdivision 54-3-16(1).
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.