(a) Except as otherwise provided in this chapter a record to be filed by or on behalf of a limited liability company in the Office of the Secretary of State must be signed in the name of the company by a: (1) Manager of a manager - managed company; (2) Member of a member - managed company; (3) Person organizing the company, if the company has not been formed; or (4) Fiduciary, if the company is in the hands of a receiver, trustee, or other court - appointed fiduciary. (b) A record signed under subsection (a) must state adjacent to the signature the name and capacity of the signer. (c) Any person may sign a record to be filed under subsection (a) by an attorney - in - fact. Powers of attorney relating to the signing of records to be filed under subsection (a) by an attorney - in - fact need not be filed in the Office of the Secretary of State as evidence of authority by the person filing but must be retained by the company.
‹ Prev All South Dakota sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.