S.D. Codified Laws § 36-21A-5
Current through the 2024 Legislative Session
For the purposes of this chapter, an association is any body of persons united and acting together without a charter, but upon the methods and forms used by incorporated bodies for the prosecution of some common enterprise. It is an unincorporated society and not a partnership. It is a body of persons invested with some, yet not full, corporate rights and powers.
SDCL 36-21A-5