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South Dakota Codified Laws
Title 47
Chapter 47-26
S.D. Codified Laws ch. 47-26
Nonprofit Corporations--dissolution and Liquidation
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47-26-1
Procedure for dissolution.
47-26-2
Vote of members--Meeting for vote--Notice of meeting--Contents of notice--Two-thirds vote required.
47-26-3
Dissolution by board of directors in corporation without members entitled to vote.
47-26-4
Resolution to dissolve--Cessation of business affairs--Notice of proposed dissolution to creditors--Collection and distribution of assets.
47-26-5
Manner of distribution of assets--Particular assets--Remaining assets.
47-26-6
Plan for distribution of assets--Adoption of plan.
47-26-6.1
Notice to attorney general.
47-26-7
Membership vote on plan--Meeting--Notice of meeting--Two-thirds vote required.
47-26-8
Adoption of plan by corporation having no members entitled to vote.
47-26-9
Articles of dissolution--Time for adoption--Contents.
47-26-10
Delivery of articles to secretary of state--Endorsement and filing by secretary of state--Issuance of certificate of dissolution.
47-26-11
Cessation of corporate existence--Exceptions.
47-26-12
Revocation of dissolution action--Procedure.
47-26-13
Revocation of dissolution resolution--Meeting--Notice of meeting--Two-thirds vote required.
47-26-14
Revocation in corporation having no members entitled to vote.
47-26-15
Effect of adoption of revocation resolution.
47-26-16
Involuntary dissolution by court decree--Action by attorney general--Grounds of action.
47-26-17
Repealed
Repealed
47-26-18
Repealed
Repealed
47-26-19
Venue of attorney general's action--Service of process.
47-26-20
Service by publication--Contents of publication--Newspaper of publication.
47-26-21
Including several corporations in one notice--Mailing notice to corporation--Attorney general's certificate of mailing--Number and time of publication--Time for default.
47-26-22
Power of court in liquidation proceedings--Actions by member or director.
47-26-23
Power of court in liquidation proceedings--Action by creditor.
47-26-24
Power of court in liquidation proceedings--Application by corporation.
47-26-25
Power of court in liquidation proceedings--Action by attorney general.
47-26-26
Venue of actions.
47-26-27
Proper parties to action.
47-26-28
Preservation of corporate assets--Injunctions and receivers.
47-26-29
Appointment of liquidating receiver--Authority of receiver--Order appointing receiver.
47-26-30
Disposition of assets resulting from sale of corporate property--Manner of distribution--Disposition of remaining assets.
47-26-31
Expenses of liquidation--Compensation of receiver--Attorneys' fees.
47-26-32
Capacity of receiver to sue and be sued--Jurisdiction of court.
47-26-33
Qualifications of receiver--Bond.
47-26-34
Claims of creditors--Proof of claim--Time for filing--Failure to file timely proofs.
47-26-35
Discontinuance of liquidation proceedings--Redelivery of assets to corporation.
47-26-36
Decree of involuntary dissolution--Cessation of corporate existence.
47-26-37
Copy of decree filed with secretary of state--Fee.
47-26-38
Disposition of undistributable assets--Unknown claimants--Deposit with state treasurer for subsequent payment.
47-26-39
Preexisting rights and claims unaffected by dissolution--Time for assertion--Protection of remedy.
47-26-40
Dissolution by expiration of period of duration--Extension of period of duration.