There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 47 CORPORATIONS
Chapter 01A. South Dakota Business Corporation Act
§47-1A-1403.1 Dissolved corporation defined.
SD Codified L § 47-1A-1403.1 (through 2011) What's This?
47-1A-1403.1. Dissolved corporation defined. For purposes of §§ 47-1A-1401 to 47-1A-1409, inclusive, the term, dissolved corporation, means a corporation whose articles of dissolution have become effective and includes a successor entity to which the remaining assets of the corporation are transferred subject to its liabilities for purposes of liquidation.
Source: SL 2005, ch 239, § 314.
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