47-11D-1. Formation of corporation or limited liability company authorized. One or more physician assistants may form a professional corporation for practicing as physician’s assistants under the South Dakota Business Corporation Act, if such corporations are organized and operated in accordance with the provisions of this chapter. Physician’s assistants may form a professional limited liability company […]
47-11D-1.1. Definition of terms. Terms used in this chapter shall also include the following terms: (1)”Articles of incorporation,” 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,” any manager of […]
47-11D-10. Posting of certificate. The certificate of registration issued pursuant to §47-11D-9 shall be conspicuously posted upon the premises to which it is applicable. Source: SL 1993, ch 337, §10.
47-11D-11. Change of location–Amending certificate. In the event of a change of location of the registered corporation, the board in accordance with its rules shall amend the certificate of registration so that it shall apply to the new location. The board may promulgate rules pursuant to chapter 1-26 for the amending of a certificate. Source: […]
47-11D-12. Certificate not assignable. No certificate of registration issued under this chapter is assignable. Source: SL 1993, ch 337, §12.
47-11D-13. Annual renewal of certificate. Upon written application of the holder, accompanied by a fee of one hundred dollars, the board shall annually renew the certificate of registration if the board finds that the corporation has compiled with its rules and the provisions of this chapter. Source: SL 1993, ch 337, §13; SL 1999, ch […]
47-11D-14. Suspension or revocation of certificate of registration–Grounds. The board may suspend or revoke any certificate of registration issued under this chapter for any of the following reasons: (1)The revocation or suspension of the certificate practice as a physician’s assistant of any officer, director, shareholder, or employee not promptly removed or discharged by the corporation; […]
47-11D-15. Procedure for suspension or revocation of certificate. Any proceedings undertaken by the board for the revocation or suspension of a certificate of registration shall be deemed a contested case under the provisions of chapter 1-26. Source: SL 1993, ch 337, §15.
47-11D-16. Relationship with patient unchanged. This chapter does not alter any law applicable to the relationship between a physician’s assistant furnishing professional services and a person receiving such service, including liability arising out of such service. Source: SL 1993, ch 337, §16.
47-11D-2. Corporate name. The name of a corporation shall contain the words, professional company, or professional corporation, or abbreviations thereof, such as Prof. Co., Prof. Corp., P. C., PC, or Prof. Ltd. The name of a limited liability company formed under §47-11D-1 shall contain the words, professional limited liability company, or the abbreviation, Prof. L.L.C., […]
47-11D-21.1. Personal liability of shareholders, directors, and officers of professional corporations or members or managers of limited liability companies limited for corporate or individual obligations–Exception. An obligation of a professional corporation or limited liability company formed pursuant to chapter 47-11A, 47-11B, 47-11C, 47-11D, 47-11E, 47-13A, or 47-13B, whether arising in contract, tort, or otherwise, is […]
47-11D-21.2. Amendment of articles of incorporation to be consistent with law. Any professional corporation or limited liability company may amend its articles of incorporation to be consistent with SL 2005, ch 240. Source: SL 2005, ch 240, §2.
47-11D-22. Pension, profit sharing, insurance, and welfare plans for employees–Restrictions. A corporation formed pursuant to the provisions of this chapter, may adopt a pension, profit-sharing, whether cash or deferred, health and accident insurance, or welfare plan for all or part of its employees, including lay employees. However, any such plan may not require or result […]
47-11D-23. Application of private corporations law. The provisions of the law governing private corporations apply to corporations formed under this chapter, including their organization, and they enjoy the powers and privileges and are subject to the duties, restrictions, and liabilities of other corporations, except so far as limited or enlarged by this chapter. Source: SL […]
47-11D-3. Certification of officers, directors and shareholders. All of the officers, directors, and shareholders of a corporation created by this chapter shall at all times be persons certified pursuant to the provisions of chapter 36-4A. No person who is not so certified may have any part in the ownership or control of such corporation, nor […]
47-11D-3.1. Revocable trust as shareholder–Conditions. Notwithstanding any other provisions of this chapter, a revocable trust may be a shareholder in a corporation or limited liability company organized under this chapter, for so long as the grantor of the revocable trust is living and is eligible to be a shareholder of a corporation organized under this […]
47-11D-4. Death of shareholders–Computation of book value. If the articles of incorporation or bylaws of a corporation subject to this chapter fail to state a price or method of determining a fixed price at which the corporation or its shareholders may purchase the shares of a deceased shareholder or shareholder no longer qualified to own […]
47-11D-6. Professional services limited to certified employees. A corporation formed pursuant to this chapter may render professional services only through its officers, employees, and agents who are duly certified to render such professional services under the provisions of chapter 36-4A. However, this section may not be interpreted to include in the term employee, as used […]
47-11D-7. Certified employees subject to discipline. Each individual employee certified pursuant to chapter 36-4A who is employed by a corporation subject to this chapter remains subject to reprimand or discipline for his conduct under the provisions of chapter 36-4A. Source: SL 1993, ch 337, §7.
47-11D-8. Certificate of registration required–Application. No corporation may open, operate, or maintain an establishment for practicing as physician’s assistants without a certificate of registration from the State Board of Medical and Osteopathic Examiners hereinafter referred to as the board. Application for such registration shall be made to the board in writing and shall contain the […]