South Dakota § 47-27-5 Circumstances under which certificate may not be denied--Difference between local and foreign law--Regulation of internal affairs of corporation prohibited.

South Dakota Statutes

§ 47-27-5 — Circumstances under which certificate may not be denied--Difference between local and foreign law--Regulation of internal affairs of corporation prohibited.

South Dakota § 47-27-5

Title 47CORPORATIONS

Ch. 47-27FOREIGN NONPROFIT CORPORATIONS

This text of South Dakota § 47-27-5 (Circumstances under which certificate may not be denied--Difference between local and foreign law--Regulation of internal affairs of corporation prohibited.) 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 § 47-27-5 (2026).

Text

A foreign corporation shall not be denied a certificate of authority by reason of the fact that the laws of the state or country under which such corporation is organized governing its organization and internal affairs differ from the laws of this state, and nothing contained in chapters 47-22 to 47-28 , inclusive, shall be construed to authorize this state to regulate the organization or the internal affairs of such corporation.

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A foreign corporation shall not be denied a certificate of authority by reason of the fact that the laws of the state or country under which such corporation is organized governing its organization and internal affairs differ from the laws of this state, and nothing contained in chapters 47-22 to 47-28 , inclusive, shall be construed to authorize this state to regulate the organization or the internal affairs of such corporation.