A limited liability company is a legal entity distinct from its members. A member of a limited liability company is not a proper party to proceedings by or against a limited liability company.
S.D. Codified Laws § 47-34A-201
Limited liability company as legal entity
Known as the South Dakota Limited Liability Company Act
The act spans §§ 47-34A-1001 to 47-34A-915 (113 sections).
Applied in 2 court decisions — leading case MacH v. Connors (2022)
Most recently applied in MacH v. Connors (August 2022)
Source: SL 1998, ch 272, § 201.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.