South Dakota Codified Laws 47-25-18. Merger or consolidation involving foreign corporation
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One or more foreign corporations and one or more domestic corporations may be merged or consolidated in the manner provided by §§ 47-25-19 and 47-25-20, if such merger or consolidation is permitted by the laws of the state under which each such foreign corporation is organized.
Terms Used In South Dakota Codified Laws 47-25-18
- 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, § 45.