South Dakota Codified Laws 47-1A-920. Domestication–Foreign business corporation to be domestic business corporation
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A foreign business corporation may become a domestic business corporation only if the domestication is permitted by the organic law of the foreign corporation.
Terms Used In South Dakota Codified Laws 47-1A-920
- 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, § 196.