South Dakota Codified Laws 47-1A-401.3. Corporate name–Use of name upon merger, reorganization, or acquisition of assets
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A corporation may use the name, including the fictitious name, of another domestic or foreign corporation that is used in this state if the other corporation is incorporated or authorized to transact business in this state and the proposed user corporation:
(1) Has merged with the other corporation;
Terms Used In South Dakota Codified Laws 47-1A-401.3
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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.
(2) Has been formed by reorganization of the other corporation; or
(3) Has acquired all or substantially all of the assets, including the corporate name, of the other corporation.
This chapter does not control the use of fictitious names.
Source: SL 2005, ch 239, § 44.