South Dakota § 47-25-24 Transfer of substantially all corporate assets.

South Dakota Statutes

§ 47-25-24 — Transfer of substantially all corporate assets.

South Dakota § 47-25-24

Title 47CORPORATIONS

Ch. 47-25NONPROFIT CORPORATIONS--REORGANIZATION

This text of South Dakota § 47-25-24 (Transfer of substantially all corporate assets.) 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 § 47-25-24 (2026).

Text

A sale, lease, exchange, mortgage, pledge, or other disposition of all, or substantially all, the property and assets of a corporation may be made upon such terms and conditions and for such consideration, which may consist in whole or in part of money or property, real or personal, including shares of any corporation for profit, domestic or foreign, as may be authorized in the manner provided by §§ 47-25-25 to 47-25-28 , inclusive.

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A sale, lease, exchange, mortgage, pledge, or other disposition of all, or substantially all, the property and assets of a corporation may be made upon such terms and conditions and for such consideration, which may consist in whole or in part of money or property, real or personal, including shares of any corporation for profit, domestic or foreign, as may be authorized in the manner provided by §§ 47-25-25 to 47-25-28 , inclusive.