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S.D. Codified Laws § 48-7-1107

Limited liability limited partnership--Direct formation--Effective date

Known as the Uniform Limited Partnership Act

The act spans §§ 48–48 (71 sections).

Source: SL 2026, ch 182, § 2, eff

Effective January 1, 2027

48-7-1107. Limited liability limited partnership--Direct formation--Effective date.

A limited liability limited partnership may be formed by delivering to the secretary of state a certificate of limited liability limited partnership. Delivery may be made by electronic transmission, if and to the extent permitted by the secretary of state. If the certificate is filed in typewritten or printed form and not transmitted electronically, the secretary of state may require one exact or conformed copy to be delivered with the certificate.

The certificate must contain:

(1) The name of the limited liability limited partnership, which has as the last words or letters of its name the words "Registered Limited Liability Limited Partnership," the abbreviation "L.L.L.P.," or the designation "LLLP";

(2) The street address of the limited liability limited partnership's chief executive office and, if different, the street address of an office in this state, if any;

(3) If the limited liability limited partnership does not have an office in this state, the information required pursuant to § 59-11-6;

(4) A statement that the entity elects to be a limited liability limited partnership; and

(5) A deferred effective date, if any.

A limited liability limited partnership is formed when the certificate is filed with the secretary of state or on a deferred effective date thereafter.

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