South Dakota Codified Laws 47-25-21. Effect of merger or consolidation of foreign and domestic corporation
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The effect of a merger or consolidation described in § 47-25-18 shall be the same as in the case of the merger or consolidation of domestic corporations, if the surviving or new corporation is to be governed by the laws of this state.
Terms Used In South Dakota Codified Laws 47-25-21
- 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.