<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-34A-1005 - Noncomplying name of foreign limited liability company. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069696Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069696SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069696CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069696Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069696DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2069696Normal-000001 { margin-top: 0; margin-bottom: 0; text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069696000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069696SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069696SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2069696Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-34A-1005"><span class="s2069696SENU">47-34A-1005</span></a><span xml:space="preserve" class="s2069696SENU">. </span><span class="s2069696CL">Noncomplying name of foreign limited liability company.</span></p><p dir="ltr" class="s2069696Normal-000000"><span xml:space="preserve" class="s2069696DefaultParagraphFont">(a) A foreign limited liability company whose name does not comply with § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-34A-105"><span class="s2069696DefaultParagraphFont">47-34A-105</span></a><span xml:space="preserve" class="s2069696DefaultParagraphFont"> may not obtain a certificate of authority until it adopts, for the purpose of transacting business in this state, an alternate name that complies with § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-34A-105"><span class="s2069696DefaultParagraphFont">47-34A-105</span></a><span xml:space="preserve" class="s2069696DefaultParagraphFont">. A foreign limited liability company that adopts an alternate name under this subsection and obtains a certificate of authority with the alternate name need not comply with chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=37-11"><span class="s2069696DefaultParagraphFont">37-11</span></a><span xml:space="preserve" class="s2069696DefaultParagraphFont"> or § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-34A-105"><span class="s2069696DefaultParagraphFont">47-34A-105</span></a><span xml:space="preserve" class="s2069696DefaultParagraphFont">. After obtaining a certificate of authority with an alternate name, a foreign limited liability company shall transact business in this state under the alternate name unless the company is authorized under chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=37-11"><span class="s2069696DefaultParagraphFont">37-11</span></a><span xml:space="preserve" class="s2069696DefaultParagraphFont"> or § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-34A-105"><span class="s2069696DefaultParagraphFont">47-34A-105</span></a><span xml:space="preserve" class="s2069696DefaultParagraphFont"> to transact business in this state under another name.</span></p><p dir="ltr" class="s2069696Normal-000001"><span xml:space="preserve" class="s2069696DefaultParagraphFont">(b) If a foreign limited liability company authorized to transact business in this state changes its name to one that does not comply with § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-34A-105"><span class="s2069696DefaultParagraphFont">47-34A-105</span></a><span xml:space="preserve" class="s2069696DefaultParagraphFont">, it may not thereafter transact business in this state until it complies with subsection (a) and obtains an amended certificate of authority. </span></p><p dir="ltr" class="s2069696Normal"><span xml:space="preserve" class="s2069696000002"> </span></p><p dir="ltr" class="s2069696Normal"><span class="s2069696SCL">Source:</span><span xml:space="preserve" class="s2069696SCL-000003"> SL 1998, ch 272, § 1005; SL 2013, ch 233, § 34.</span></p></div></body></html>