South Dakota 26 — Nonprofit Corporations--Dissolution And Liquidation
- 47-26-1 — Procedure for dissolution.
- 47-26-2 — Vote of members--Meeting for vote--Notice of meeting--Contents of notice--Two-thirdsvote required.
- 47-26-3 — Dissolution by board of directors in corporation without members entitled to vote.
- 47-26-4 — Resolution to dissolve--Cessation of business affairs--Notice of proposed dissolution tocreditors--Collection and distribution of assets.
- 47-26-5 — Manner of distribution of assets--Particular assets--Remaining assets.
- 47-26-6 — Plan for distribution of assets--Adoption of plan.
- 47-26-7 — Membership vote on plan--Meeting--Notice of meeting--Two-thirds vote required.
- 47-26-8 — Adoption of plan by corporation having no members entitled to vote.
- 47-26-9 — Articles of dissolution--Time for adoption--Contents.
- 47-26-10 — Delivery of articles to secretary of state--Endorsement and filing by secretary of state--Issuance of certificate of dissolution.
- 47-26-11 — Cessation of corporate existence--Exceptions.
- 47-26-12 — Revocation of dissolution action--Procedure.
- 47-26-13 — Revocation of dissolution resolution--Meeting--Notice of meeting--Two-thirds voterequired.
- 47-26-14 — Revocation in corporation having no members entitled to vote.
- 47-26-15 — Effect of adoption of revocation resolution.
- 47-26-16 — Involuntary dissolution by court decree--Action by attorney general--Grounds of action.
- 47-26-17 — Periodic certification by secretary of state to attorney general of noncomplyingcorporations--Notice to corporation--Action by attorney general.
- 47-26-18 — Repealed.
- 47-26-19 — Venue of attorney general's action--Service of process.
- 47-26-20 — Service by publication--Contents of publication--Newspaper of publication.
- 47-26-21 — Including several corporations in one notice--Mailing notice to corporation--Attorneygeneral's certificate of mailing--Number and time of publication--Time for default.
- 47-26-22 — Power of court in liquidation proceedings--Actions by member or director.
- 47-26-23 — Power of court in liquidation proceedings--Action by creditor.
- 47-26-24 — Power of court in liquidation proceedings--Application by corporation.
- 47-26-25 — Power of court in liquidation proceedings--Action by attorney general.
- 47-26-26 — Venue of actions.
- 47-26-27 — Proper parties to action.
- 47-26-28 — Preservation of corporate assets--Injunctions and receivers.
- 47-26-29 — Appointment of liquidating receiver--Authority of receiver--Order appointing receiver.
- 47-26-30 — Disposition of assets resulting from sale of corporate property--Manner of distribution--Disposition of remaining assets.
- 47-26-31 — Expenses of liquidation--Compensation of receiver--Attorneys' fees.
- 47-26-32 — Capacity of receiver to sue and be sued--Jurisdiction of court.
- 47-26-33 — Qualifications of receiver--Bond.
- 47-26-34 — Claims of creditors--Proof of claim--Time for filing--Failure to file timely proofs.
- 47-26-35 — Discontinuance of liquidation proceedings--Redelivery of assets to corporation.
- 47-26-36 — Decree of involuntary dissolution--Cessation of corporate existence.
- 47-26-37 — Copy of decree filed with secretary of state--Fee.
- 47-26-38 — Disposition of undistributable assets--Unknown claimants--Deposit with state treasurer forsubsequent payment.
- 47-26-39 — Preexisting rights and claims unaffected by dissolution--Time for assertion--Protection ofremedy.
- 47-26-40 — Dissolution by expiration of period of duration--Extension of period of duration.