New Provisions in South Dakota Business Entity Law Added to Regulate Electronic Records

By Eric Geringswald | CSC 

South Dakota lawmakers added or amended more than 60 sections to the state’s business entity and trust laws during the latest legislative session, including new UCC provisions regulating electronic records such as cryptocurrency and NFTS. 

These changes are captured in the 2024 edition of South Dakota Laws Governing Business Entities and Trusts Annotated. The book features the full text of Title 47—Corporations and Title 48—Partnerships from the South Dakota Statutes, as well as chapters from Title 51A—Banks and Banking dealing with trusts, and Title 55—Fiduciaries and Trusts. There is also a curated selection of statutes from related titles covering taxation, trademarks, and civil procedure, along with selected chapters from the UCC. 

South Dakota Laws Governing Business Entities and Trusts Annotated 

All statutory content is updated through the 2024 General Session of the 99th South Dakota Legislative Assembly. The Table Sections Affected lists changes coming out of the latest session. 

The book is fully annotated with the latest case notes from state and federal courts interpreting the law. There is also an easy-to-reference Fee Schedule showing the Secretary of State’s required filing fees for business services and business trusts. 

Readers can also access more than 60 South Dakota forms for incorporation, formation, qualification, mergers, dissolution, and name reservation for all entity types via the LexisNexis® Store download center. A listing of forms and contact information for South Dakota’s Secretary of State is included in the book’s appendix. 

South Dakota Laws Governing Business Entities and Trusts Annotated is available as a softbound book or as an eBook, compatible with dedicated e-reader devices, computers, tablets, and smartphones that use e-reader software or applications. It is also available on the LexisNexis® Digital Library.  

To learn more about the 2024 Edition of South Dakota Laws Governing Business Entities and Trusts Annotated, call 1.800.533.1637 or visit us online at www.lexisnexis.com/csc.