South Dakota Codified Laws 47-1A-1702. Application to qualified foreign corporations
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A foreign corporation authorized to transact business in this state on the effective date of this chapter is subject to this chapter but is not required to obtain a new certificate of authority to transact business under this chapter.
Terms Used In South Dakota Codified Laws 47-1A-1702
- 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 2005, ch 239, § 391.