A partner or other person named as a partner in a filed statement of partnership authority or in a list maintained by an agent pursuant to subsection 48-7A-303(b) may file a statement of denial in the Office of the Secretary of State stating the name of the partnership and the fact that is being denied, which may include denial of a person's authority or status as a partner. A statement of denial is a limitation on authority as provided in subsections 48-7A-303(d) and (e).
S.D. Codified Laws § 48-7A-304
Statement of denial
Known as the Uniform Partnership Act
The act spans §§ 48–48 (74 sections).
Source: SL 2001, ch 249, § 304.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.