The law of this state governs:
(1) The internal affairs of a limited liability company; and
(2) The liability of a member as member and a manager as manager for the debts, obligations, or other liabilities of a limited liability company.
S.D. Codified Laws § 47-34A-113
Governing Law
Known as the South Dakota Limited Liability Company Act
The act spans §§ 47–47 (113 sections).
Source: SL 2013, ch 233, § 4.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.