South Dakota Codified Laws 47-1A-921.3. Certificate of authority to transact business by foreign corporation cancelled upon domestication
Current as of: 2023 | Check for updates
|
Other versions
If the foreign corporation is authorized to transact business in this state under §§ 47-1A-1501 to 47-1A-1532, inclusive, its certificate of authority shall be cancelled automatically on the effective date of its domestication.
Terms Used In South Dakota Codified Laws 47-1A-921.3
- 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, § 205.