A corporation may dissolve and wind up its affairs in the manner provided by §§ 47-26-2 to 47-26-4, inclusive.
S.D. Codified Laws § 47-26-1
Procedure for dissolution
Applied in 1 court decision — leading case Forest Home Cemetery Ass'n v. Dardanella Financial Corp. (1983)
Most recently applied in Forest Home Cemetery Ass'n v. Dardanella Financial Corp. (February 1983)
Source: SL 1965, ch 24, § 47.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.