South Dakota Statutes

§ 47-26-9 — Articles of dissolution--Time for adoption--Contents.

South Dakota·Title 47 CORPORATIONS·Ch. 47-26 NONPROFIT CORPORATIONS--DISSOLUTION AND LIQUIDATION

If voluntary dissolution proceedings have not been revoked, when all debts, liabilities, and obligations of the corporation shall have been paid and discharged, or adequate provision has been made therefor, and all of the remaining property and assets of the corporation have been transferred, conveyed, or distributed in accordance with the provisions of this chapter, an original articles of dissolution shall be executed by the chairman of its board of directors, by its president, or by another of its officers or if the corporation is in the hands of a receiver, trustee, or other court-appointed fiduciary, by that fiduciary, which statement shall set forth:

(1)The name of the corporation;
(2)If there are members entitled to vote thereon:
(a)A statement setting forth the date of

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South Dakota § 47-26-9 (Articles of dissolution--Time for adoption--Contents.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1965, ch 24, § 51; SL 1989, ch 393, § 29; SL 2012, ch 222, § 7.

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