After filing of the articles of incorporation and affidavit pursuant to § 49-30-2, a certificate of corporate existence, under the seal of the state and signed by the Governor and secretary of state, shall be issued to the subscribers to such articles; and all such persons who shall thereafter become stockholders in such corporation shall be a corporation by the name specified in such articles, and shall possess all the powers and privileges and be subject to all the provisions of this chapter applicable thereto.
S.D. Codified Laws § 49-30-3
Certificate of incorporation--Name of corporation--Powers
Source: SDC 1939, § 52.1303.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.