HB 1102

26.608.27  101st Legislative Session  1102
                                     2026 South Dakota Legislature
                                              House Bill 1102
                                                    ENROLLED
                                              AN ACT
ENTITLED An Act to reschedule the date for filing certain annual reports.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section 1. That § 59-11-25 be AMENDED:
            59-11-25. Except in the case of a bank organized pursuant to § 51A-3-1.1 and a
   limited partnership organized pursuant to chapter 48-7, any entity that is required by law
   to file an annual report must do so:
   (1)      In the month representing the first-year anniversary of the entity's formation and
            in each same month annually thereafter; or
   (2)      Beginning in the calendar year after the entity's formation, on or before January
            thirty-first, and each January thirty-first thereafter.
            At the time of formation, an entity shall indicate on the formation document which
   filing date the entity has selected.
            An entity that is in good standing with the secretary of state and observes the filing
   date set in subdivision (1) may choose to observe the filing date set in subdivision (2) and
   an entity that is in good standing with the secretary of state and observes the filing date
   set in subdivision (2) may choose to observe the filing date set in subdivision (1), by
   submitting to the secretary of state a change-of-filing-date form.
Section 2. This Act is effective beginning January 1, 2027.
26.608.27  2  1102
An Act to reschedule the date for filing certain annual reports.
                                                     Received at this Executive Office
 I certify that the attached Act originated in       this _____ day of _____________,
 the:
                                                     2026 at ____________M.
 House as Bill No. 1102
                                                     By
                     Chief Clerk of the House  for the Governor
                                                                      The attached Act is hereby
                                                                  approved this ________ day of
                          Speaker of the House  ______________, A.D., 2026
 Attest:
                                                                                        Governor
                     Chief Clerk of the House
                                                     STATE OF SOUTH DAKOTA,
                                                                                               ss.
                                                     Office of the Secretary of State
                       President of the Senate
                                                                    Filed ____________, 2026
 Attest:  at _________ o'clock __M.
                       Secretary of the Senate  Secretary of State
 House Bill No. 1102  By
 File No. ____  Asst. Secretary of State
 Chapter No. ______
HB1102 ENROLLED