A disposition of assets in the course of dissolution under §§ 47-1A-1401 to 47-1A-1440, inclusive, is not governed by §§ 47-1A-1202 to 47-1A-1202.6, inclusive.
S.D. Codified Laws § 47-1A-1202.5
Provisions not governing disposition of assets in course of dissolution
Known as the South Dakota Business Corporation Act
The act spans §§ 47-1A-1001 to 47-1A-957 (383 sections).
Source: SL 2005, ch 239, § 278.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.