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2022 South Dakota Codified Laws
Title 47 - Corporations
Chapter 22 - Nonprofit Corporations--Formation And General Powers
Section 47-22-73 - Unauthorized acting as corporation--Liability.
Universal Citation: SD Codified L § 47-22-73 (2022)
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, ยง98.
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