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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 48-7A-1103: Effect of failure to qualify.

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Where this section sits in the code
  1. TITLE 48. PARTNERSHIPS
  2. CHAPTER 48-7A. UNIFORM PARTNERSHIP ACT

(a) A foreign limited liability partnership transacting business in this state may not maintain an action or proceeding in this state unless it has in effect a statement of foreign qualification.

(b) The failure of a foreign limited liability partnership to have in effect a statement of foreign qualification does not impair the validity of a contract or act of the foreign limited liability partnership or preclude it from defending an action or proceeding in this state.

(c) A limitation on personal liability of a partner is not waived solely by transacting business in this state without a statement of foreign qualification.

(d) If a foreign limited liability partnership transacts business in this state without a statement of foreign qualification, the secretary of state is its agent for service of process with respect to a right of action arising out of the transaction of business in this state.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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