South Dakota Statutes
§ 47-26-25 — Power of court in liquidation proceedings--Action by attorney general.
South Dakota § 47-26-25
JurisdictionSouth Dakota
Title 47CORPORATIONS
Ch. 47-26NONPROFIT CORPORATIONS--DISSOLUTION AND LIQUIDATION
This text of South Dakota § 47-26-25 (Power of court in liquidation proceedings--Action by attorney general.) 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 § 47-26-25 (2026).
Text
Courts of equity shall have full power to liquidate the assets and affairs of a corporation when an action has been filed by the attorney general to dissolve a corporation and it is established that liquidation of its affairs should precede the entry of a decree of dissolution.
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Legislative History
SL 1965, ch 24, § 56 (4).
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Repealed§ 47-1-3
Repealed§ 47-10-1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
Powers of corporations.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 47-26-25, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-26-25.