S.D. Codified Laws § 15-2-14.3
This is the official text of S.D. Codified Laws § 15-2-14.3, part of South Dakota’s Codified Laws — part of the compiled statutory law of South Dakota, published by the state as "Codified Laws." Browse the sections below, each linked to its official government source.
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Time for bringing action against professional corporation--Corporate character and status unaffected
Official statutory text
Any action against any professional corporation or professional limited liability company organized under chapter 47-11 , 47-11A , 47-11B , 47-11C , 47-12 , 47-13 , 47-13A , or 47-13B can only be brought within the time and in the manner prescribed by the statute of limitations applicable to such action if it were commenced against a stockholder of such corporation as an individual. This section does not affect the corporate character and status of any professional corporation now or hereafter organized under the chapters herein mentioned, but that, as to such professional corporations, the limitation of actions applicable to the corporation are the same as that applicable to the individual professionals who are stockholders of the corporation.
Source: SL 1979, ch 146; SL 1994, ch 351, § 31.
Source: SL 1979, ch 146; SL 1994, ch 351, § 31.
Status: in_force · Read it on the official government site
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