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Statement of Dissociation - Domestic Limited Liability Company - South Dakota
Statement of Dissociation - Domestic Limited Liability Company is a legal document that was released by the South Dakota Secretary of State - a government authority operating within South Dakota.
FAQ
Q: What is a Statement of Dissociation?
A: A Statement of Dissociation is a legal document filed by a domestic Limited Liability Company (LLC) in South Dakota.
Q: What is a domestic Limited Liability Company?
A: A domestic Limited Liability Company (LLC) is a business entity that combines the benefits of a corporation and a partnership. It provides limited liability protection to its owners.
Q: What does Dissociation mean in the context of an LLC?
A: Dissociation refers to the process of a member of an LLC leaving or dissociating from the company.
Q: Why would a member of an LLC file a Statement of Dissociation?
A: A member of an LLC may file a Statement of Dissociation to formally notify the company and other members of their decision to leave the LLC.
Q: What information is included in a Statement of Dissociation?
A: A Statement of Dissociation typically includes the name of the LLC, the name of the dissociating member, and the effective date of dissociation.
Q: Is a Statement of Dissociation required in South Dakota?
A: Yes, a Statement of Dissociation is a required document for domestic Limited Liability Companies in South Dakota when a member leaves the LLC.
Form Details:
- Released on February 1, 2018;
- The latest edition currently provided by the South Dakota Secretary of State;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the South Dakota Secretary of State.
