Title 37 — TRADE REGULATION
48 chapters · 598 sections in this title.
SDCL § 37-11-1 Filing of fictitious name statement required--Exceptions
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Any person regularly engaging in or conducting a business in this state shall file a fictitious name statement unless one of the following apply: (1) The name of the business plainly shows the true surname of each person interested in the business; or (2) The name of the business…
SDCL § 37-11-2 Statement filed on change in ownership of business--Fee
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A verified statement as described in § 37-11-1 shall be similarly filed upon any change of twenty-five percent or more of the ownership interest in the business. A fee of ten dollars shall be paid with each filing under this section. The fee shall be deposited into the financing …
SDCL § 37-11-3 Information recorded by secretary of state and register of deeds
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The secretary of state shall record the information required pursuant to the provisions of §§ 37-11-1 and 37-11-2 in such manner as may be necessary to effectuate the purposes of this chapter. The register of deeds shall, within seven days, electronically record, on the electroni…
SDCL § 37-11-4 Liability of persons interested in business
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All persons interested in a business described in § 37-11-1 at any time shall be at all times liable for any contracts or obligations incurred while they were so interested. Source: SDC 1939, § 49.0801; SL 2017, ch 178 , § 1.
SDCL § 37-11-5 Filing of statements prerequisite to bringing legal action, enforcing rights, or recovery
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No person or firm operating or interested in a business, may maintain any legal action in the name under which the business is conducted unless the person or firm has complied with the provisions of §§ 37-11-1 and