___________________ moved that SB 144 be amended as follows:
"
Section 1. An obligation of a professional corporation or limited liability company formed
pursuant to chapter 47-11, 47-11A, 47-11B, 47-11C, 47-11D, 47-11E, 47-12, 47-13, 47-13A, or 47-
13B, whether arising in contract, tort, or otherwise, is solely the obligation of the professional
corporation or limited liability company. No shareholder, director, or officer of a professional
corporation or member or manger of a limited liability company is personally liable, directly or
indirectly, by way of contribution or otherwise, for such an obligation solely by being or so acting
as the shareholder, director, or officer of a professional corporation or member or manager of a
limited liability company. This limitation of liability does not extend to amounts owed to the State
of South Dakota or its political subdivisions for any taxes, or any penalty or interest on such taxes.
Section 2. Any professional corporation or limited liability company may amend its articles of
incorporation to be consistent with this Act.
Section 3. The code counsel shall codify sections 1 and 2 of this Act in chapters 47-11, 47-11A,
47-11B, 47-11C, 47-11D, 47-11E, 47-12, 47-13, 47-13A, and 47-13B.
Section 4. That
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47-11A-8, 47-11A-9, 47-11A-10, 47-11A-11, and 47-11A-12 be repealed.
Section 5. That
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47-11B-17, 47-11B-18, 47-11B-19, 47-11B-20, and 47-11B-21 be repealed.
Section 6. That
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47-11C-17, 47-11C-18, 47-11C-19, 47-11C-20, and 47-11C-21 be repealed.
Section 7. That
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47-11D-17, 47-11D-18, 47-11D-19, 47-11D-20, and 47-11D-21 be repealed.
Section 8. That
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47-11E-8, 47-11E-9, 47-11E-10, 47-11E-11, and 47-11E-12 be repealed.
Section 9. That subdivision 47-13A_2(7) be repealed.
Section 10. That
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47-13B-8, 47-13B-9, 47-13B-10, 47-13B-11, 47-13B-12 be repealed."