South Dakota Statutes

§ 58-35-69 — Surviving corporation exists separate from parties to merger.

South Dakota § 58-35-69
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-34FARM MUTUAL INSURERS

This text of South Dakota § 58-35-69 (Surviving corporation exists separate from parties to merger.) 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 § 58-35-69 (2026).

Text

If a merger has been effected pursuant to §§ 58-35-60 to 58-35-74 , inclusive:

(1)The several corporations to the plan of merger are a single corporation which is that corporation designated in the plan of merger as the surviving corporation;
(2)The separate existence of all corporations parties to the plan of merger, except the surviving or new corporation shall cease; and (3) The surviving or new corporation has all the rights, privileges, immunities, and powers and is subject to all the duties and liabilities of a corporation organized under §§ 58-35-60 to 58-35-74 , inclusive, and §§ 47-1A-101 to 47-1A-863.3 , inclusive, §§ 47-1A-1001 to 47-1A-1021 , inclusive, and §§ 47-1A-1201 to 47-1A-1202.6 , inclusive.

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Legislative History

SL 1995, ch 293, § 10; SL 2005, ch 202, § 27.

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Bluebook (online)
South Dakota § 58-35-69, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-35-69.