For purposes of §§ 47-1A-1406 and 47-1A-1406.1, the term, claim, does not include a contingent liability or a claim based on an event occurring after the effective date of dissolution.
S.D. Codified Laws § 47-1A-1406.2
Claim exclusions
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, § 320.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.