An application for a certificate of designation shall exist in a medium prescribed by the secretary of state and shall set forth:

(1) The name of the limited liability company;

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Terms Used In South Dakota Codified Laws 47-34A-707

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Manager: means a person, whether or not a member of a manager-managed company, who is vested with authority under section 301. See South Dakota Codified Laws 47-34A-101

(2) The name of the series of the limited liability company;

(3) The principal office address for the series; and

(4) Whether the series is to be manager-managed, and, if so, the name and address for each initial manager, if different than the manager of the limited liability company in subsection (1).

Any amendment to the certificate of designation shall require a new application for a certificate of designation and payment of the applicable filing fee.

Source: SL 2020, ch 200, § 7, eff. Nov. 15, 2020.

Source: SL 2020, ch 200, § 7, eff. Nov. 15, 2020.