§ 20:08:07:35

ARSD 20:08:07:35

Merger and consolidation.

Effective Jul 1, 200430 SDR 211Source: 30 SDR 211, effective July 1, 2004. | General Authority: SDCL 47-31B-605(a)(1). | Law Implemented: SDCL 47-31B-202(18).

The transactional exemption granted pursuant to SDCL 47-31B-202(18) does not apply if the transaction was made for the purpose of avoiding the registration requirements of SDCL chapter 47-31B.

Source: 30 SDR 211, effective July 1, 2004.

General Authority: SDCL 47-31B-605(a)(1).

Law Implemented: SDCL 47-31B-202(18).