2019 South Dakota Codified Laws
Title 47 - Corporations
Chapter 11B - Optometric Corporations
§ 47-11B-1.1 Definition of terms.
47-11B-1.1. Definition of terms. Terms used in this chapter mean:
(1) "Articles of incorporation," includes the articles of organization of a limited liability company;
(2) "Corporation," both corporations under the South Dakota Business Corporations Act and limited liability companies under the South Dakota Limited Liability Company Act;
(3) "Director" or "officer," includes any manager of a limited liability company or the members of a limited liability company that does not have managers;
(4) "Incorporation," includes the members of a limited liability company;
(5) "Shareholders," includes the members of a limited liability company;
(6) "Shares" or "stock," includes membership interests in a limited liability company.
Source: SL 1993, ch 344, ยง 39H.
