South Dakota Statutes
§ 47-1A-1407 — Other claims against dissolved corporation--Publication of notice of dissolution.
South Dakota § 47-1A-1407
This text of South Dakota § 47-1A-1407 (Other claims against dissolved corporation--Publication of notice of dissolution.) 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-1407 (2026).
Text
A dissolved corporation may also publish notice of its dissolution and request that persons with claims against the dissolved corporation present them in accordance with the notice. The notice must:
(1)Be published one time in a newspaper of general circulation in the county where the dissolved corporation's principal office is or was located, or, if none in this state, in Hughes County;
(2)Describe the information that must be included in a claim and provide a mailing address where the claim may be sent; and (3) State that a claim against the dissolved corporation will be barred unless a proceeding to enforce the claim is commenced within three years after the publication of the notice.
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Legislative History
SL 2005, ch 239, § 321; SL 2008, ch 275, § 39.
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Repealed§ 47-1-3
Repealed§ 47-10-1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-1407, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-1A-1407.