South Dakota Codified Laws 47-11F-1. Definition of terms
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Terms used in this chapter mean:
(1) “Authorized licensee,” a natural person licensed as a health care professional under Title 36 and entitled to form a professional corporation pursuant to chapters 47-11, 47-11A, 47-11B, 47-11C, 47-11D, and 47-11E;
Terms Used In South Dakota Codified Laws 47-11F-1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
(2) “Professional employee,” an employee of a professional corporation who is an authorized licensee, but not a shareholder of the corporation.
Source: SL 2000, ch 219, § 1.