A foreign business corporation may become a domestic nonprofit corporation if the domestication and conversion is permitted by the laws of the foreign jurisdiction.
S.D. Codified Laws § 47-25A-13
Foreign for-profit domestication and conversion
Source: SL 2016, ch 221, § 28.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.