South Dakota Codified Laws 47-27-38. Cessation of authority to do business locally
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Upon the issuance of such certificate of revocation, the authority of the corporation to do or engage in any business in this state shall cease.
Terms Used In South Dakota Codified Laws 47-27-38
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Source: SL 1965, ch 24, § 81.