South Dakota Statutes
§ 47-26-35 — Discontinuance of liquidation proceedings--Redelivery of assets to corporation.
The liquidation of the assets and affairs of a corporation may be discontinued at any time during the liquidation proceedings when it is established that cause for liquidation no longer exists. In such event the court shall dismiss the proceedings and direct the receiver to redeliver to the corporation all its remaining property and assets.
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South Dakota § 47-26-35 (Discontinuance of liquidation proceedings--Redelivery of assets to corporation.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Wipf v. Hutterville Hutterian Brethren, Inc.
2013 SD 49 (South Dakota Supreme Court, 2013)
Legislative History
SL 1965, ch 24, § 60.
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Repealed§ 47-1-3
Repealed§ 47-10-1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.