§ 47-13-1-1

47-13-1.1. Definition of terms.Terms used in this chapter mean:(1)'Articles of incorporation,' includes the articles of organization of a limited liability company;(2)'Corporation,' both corporations under the South Dakota Business Corporations Act and limited liability companies under the South Dakota Limited Liability Company Act;(3)'Director' or 'officer,' includes any manager of a limited liability company or the members of a limited liability company that does not have managers;(4)'Incorporation,' includes the members of a limited liability company;(5)'Shareholders,' includes the members of a limited liability company;(6)'Shares' or 'stock,' includes membership interests in a limited liability company. Source: SL 1993, ch 344, §39S.