A certificate of merger or consolidation shall act as a certificate of cancellation for a business trust which is not the surviving or resulting entity in the merger or consolidation.
S.D. Codified Laws § 47-14A-68
Certificate of merger or consolidation as certificate of cancellation
Known as the South Dakota Business Trust Act
The act spans §§ 47-14A-1–47-14A-96 (95 sections).
Source: SL 2001, ch 245, § 68.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.