{"data":{"id":"us-sd/sdcl-47-34a-1001","jurisdiction":"us-sd","citation":"SDCL § 47-34A-1001","heading":"Law governing foreign limited liability companies.","body":"(a) The law of the state or other jurisdiction under which a foreign limited liability company is formed governs:\n(1) The internal affairs of the company; and\n(2) The liability of a member as member and a manager as manager for the debts, obligations, or other liabilities of the company.\n(b) A foreign limited liability company may not be denied a certificate of authority by reason of any difference between the law of the jurisdiction under which the company is formed and the law of this state.\n(c) A certificate of authority does not authorize a foreign limited liability company to engage in any business or exercise any power that a limited liability company may not engage in or exercise in this state.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-34A. UNIFORM LIMITED LIABILITY COMPANY ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-34A-1001","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"62e1d0eb112667de679b4d6a719eeeecb4e6b92f909b69aa54566212fb299faf","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-34a-915","next":"us-sd/sdcl-47-34a-1002"},"notice":"GroundRules: Original legal text. Not legal advice."}
