37-11-1. Filing of fictitious name statement required–Exceptions. 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 is […]
37-11-2. Statement filed on change in ownership of business–Fee. 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 […]
37-11-3. Information recorded by secretary of state and register of deeds. 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 electronic […]
37-11-4. Liability of persons interested in business. 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.
37-11-5. Filing of statements prerequisite to bringing legal action, enforcing rights, or recovery. 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 37-11-2. No such person or […]
