S.D. Codified Laws § 47-34A-1205

Limited liability company--Organization--Effective date

Known as the South Dakota Limited Liability Company Act

The act spans §§ 47-34A-1001 to 47-34A-915 (113 sections).

Applied in 1 court decision — leading case Trigger Energy Holdings v. Stevens (2025)

Most recently applied in Trigger Energy Holdings v. Stevens (December 2025)

Source: SL 1998, ch 272, § 1205.

(a) Before January 1, 1999, this chapter governs only a limited liability company organized:

(1) After the effective date of this chapter, unless the company is continuing the business of a dissolved limited liability company.;

(2) Before the effective date of this chapter, which elects, as provided by subsection (b), to be governed by this chapter.

(b) Before January 1, 2004, a limited liability company existing before the effective date of this chapter may voluntarily elect, in the manner provided in its operating agreement or by law for amending the operating agreement, to be governed by this chapter.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.