2018 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 22 - Nonprofit Corporations--Formation And General Powers
§ 47-22-73 Unauthorized acting as corporation--Liability.
47-22-73. Unauthorized acting as corporation--Liability. All persons who assume to act as a corporation without authority so to do shall be jointly and severally liable for all debts and liabilities incurred or arising as a result thereof.
Source: SL 1965, ch 24, § 98.