If the foreign corporation is authorized to transact business in this state under §§ 47-1A-1501 to 47-1A-1532, inclusive, its certificate of authority shall be cancelled automatically on the effective date of its domestication.
S.D. Codified Laws § 47-1A-921.3
Certificate of authority to transact business by foreign corporation cancelled upon domestication
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, § 205.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.