South Dakota Statutes
§ 47-1A-1102.5 — Property held in trust or for charitable purposes--Disposition by court order.
South Dakota § 47-1A-1102.5
This text of South Dakota § 47-1A-1102.5 (Property held in trust or for charitable purposes--Disposition by court order.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 47-1A-1102.5 (2026).
Text
Property held in trust or for charitable purposes under the laws of this state by a domestic or foreign eligible entity may not be diverted by a merger from the objects for which it was donated, granted, or devised, until the eligible entity obtains an order of circuit court specifying the disposition of the property to the extent required by and pursuant to § 55-9-4 .
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Legislative History
SL 2005, ch 239, § 254.
Nearby Sections
15
§ 47-1-1
Repealed§ 47-1-3
Repealed§ 47-10-1
Purposes of corporations.§ 47-10-10
Incorporators.§ 47-10-11
Directors--Number and term of office.§ 47-10-13
Accumulation of surplus--Use of surplus.§ 47-10-14
Persons authorized to hold common stock.§ 47-10-18
Nonstockholder members--Duty to lend.§ 47-10-2
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Bluebook (online)
South Dakota § 47-1A-1102.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-1A-1102.5.