There is a newer version of the South Dakota Codified Laws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-955.1 Effect of conversion of domestic business to a foreign other entity.
SD Codified L § 47-1A-955.1 (through 2011) What's This?
47-1A-955.1. Effect of conversion of domestic business to a foreign other entity. When a conversion of a domestic business corporation to a foreign other entity becomes effective, the surviving entity is deemed to:
(1) Appoint the Office of the Secretary of State as its agent for service of process in a proceeding to enforce the rights of shareholders who exercise appraisal rights in connection with the conversion; and
(2) Agree that it will promptly pay the amount, if any, to which such shareholders are entitled under §§ 47-1A-1301 to 47-1A-1331.2, inclusive.
Source: SL 2005, ch 239, § 231.
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