South Dakota § 47-1A-1520 Withdrawal of foreign corporation.

South Dakota Statutes

§ 47-1A-1520 — Withdrawal of foreign corporation.

South Dakota § 47-1A-1520

Title 47CORPORATIONS

Ch. 47-1SOUTH DAKOTA BUSINESS CORPORATION ACT

This text of South Dakota § 47-1A-1520 (Withdrawal of foreign corporation.) 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-1520 (2026).

Text

A foreign corporation authorized to transact business in this state may not withdraw from this state until it obtains a certificate of withdrawal from the Office of the Secretary of State. A foreign corporation authorized to transact business in this state may apply for a certificate of withdrawal by delivering an application to the secretary of state for filing. The application must set forth:

(1)The name of the foreign corporation and the name of the state or country under whose law it is incorporated;

(2)That it is not transacting business in this state and that it surrenders its authority to transact business in this state;

(3)That it revokes the authority of its registered agent to accept service on its behalf; and (4) The address of the corporation's principal office.

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A foreign corporation authorized to transact business in this state may not withdraw from this state until it obtains a certificate of withdrawal from the Office of the Secretary of State. A foreign corporation authorized to transact business in this state may apply for a certificate of withdrawal by delivering an application to the secretary of state for filing. The application must set forth: (1) The name of the foreign corporation and the name of the state or country under whose law it is incorporated; (2) That it is not transacting business in this state and that it surrenders its authority to transact business in this state; (3) That it revokes the authority of its registered agent to accept service on its behalf; and (4) The address of the corporation's principal office. After the withdrawal of the corporation is effective, service of process is perfected pursuant to § 47-1A-1510.