South Dakota Statutes
§ 47-34A-907 — Action on plan of conversion by converting limited liability company.
South Dakota § 47-34A-907
This text of South Dakota § 47-34A-907 (Action on plan of conversion by converting limited liability company.) 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 § 47-34A-907 (2026).
Text
(a)Subject to § 47-34A-914 , a plan of conversion must be consented to by all the members of a converting limited liability company.
(b)Subject to § 47-34A-914 and any contractual rights, after a conversion is approved, and at any time before articles of conversion are delivered to the secretary of state for filing under § 47-34A-908 , a converting limited liability company may amend the plan or abandon the conversion:
(1)As provided in the plan; or (2) Except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.
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Legislative History
SL 1998, ch 272, § 907; SL 2013, ch 233, § 21.
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Repealed§ 47-1-3
Repealed§ 47-10-1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
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Bluebook (online)
South Dakota § 47-34A-907, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-34A-907.