South Dakota § 47-11A-5 - Shareholding restricted to licensed chiropractors--Active practice required.
Full text of South Dakota South Dakota Codified Laws § 47-11A-5 — Shareholding restricted to licensed chiropractors--Active practice required., with citation guidance and answers to common questions.
§ 47-11A-5. Shareholding restricted to licensed chiropractors--Active practice required.
All shareholders of a corporation formed under § 47-11A-1 shall be persons duly licensed by the Board of Chiropractic Examiners of the State of South Dakota to practice chiropractic in the State of South Dakota, and who at all times own their shares in their own right. They shall be individuals who, except for illness, accident, time spent in the armed services, on vacations, and on leaves of absence not to exceed one year, are actively engaged in the practice of chiropractic in the offices of the corporation.
Source: SL 1970, ch 258, § 1 (4).
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 47-11A-5
What does South Dakota Codified Laws § 47-11A-5 cover?
Section 47-11A-5 ("Shareholding restricted to licensed chiropractors--Active practice required.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 47-11A-5?
A common citation format is "South Dakota Codified Laws § 47-11A-5" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 47-11A-5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.