{"data":{"id":"us-sd/sdcl-48-7-1106","jurisdiction":"us-sd","citation":"SDCL § 48-7-1106","heading":"Becoming a limited liability limited partnership--Entity not changed--Applicability of subsections 48-7A-306(a) and 48-7A-307(b).","body":"(a) A limited partnership may become a limited liability limited partnership by:\n(1) Obtaining approval of the terms and conditions of the limited partnership becoming a limited liability limited partnership by the vote necessary to amend the limited partnership agreement except, in the case of a limited partnership agreement that expressly considers contribution obligations, the vote necessary to amend those provisions;\n(2) Filing a statement of qualification under subsection 48-7A-1001(c) of the Uniform Partnership Act; and\n(3) Having as the last words or letters of its name the words \"Registered Limited Liability Limited Partnership,\" or the abbreviation \"L.L.L.P.,\" or the designation \"LLLP.\"\n(b) A limited liability limited partnership continues to be the same entity that existed before the filing of a statement of qualification under § 48-7A-1001(c) of the Uniform Partnership Act.\n(c) Subsections 48-7A-306(c) and 48-7A-307(b) of the Uniform Partnership Act apply to both general and limited partners of a limited liability limited partnership. Section 48-7-303 also applies to limited partners.","path":["TITLE 48. PARTNERSHIPS","CHAPTER 48-7. UNIFORM LIMITED PARTNERSHIP ACT"],"source_url":"https://sdlegislature.gov/Statutes/48-7-1106","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"796a423e48cfd78839c9779e069996c32eb97ac7321ca627ae6398fa034f8f8c","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-48-7-1105","next":"us-sd/sdcl-48-7-1106--2"},"notice":"GroundRules: Original legal text. Not legal advice."}