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20:04:21:29Liability of a partnership.

Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗

All of the parties to a partnership are jointly and severally liable for all stakes, forfeits, and other obligations.

Source: 5 SDR 87, effective April 15, 1979; transferred from § 20:04:06:14, 9 SDR 122, effective March 31, 1983; 12 SDR 151, 12 SDR 155, effective July 1, 1986.

General Authority

Law Implemented