There is a newer version of the South Dakota Codified Laws
2012 South Dakota Codified Laws
Title 47 CORPORATIONS
Chapter 26. Nonprofit Corporations--Dissolution And Liquidation
§47-26-28 Preservation of corporate assets--Injunctions and receivers.
SD Codified L § 47-26-28 (through 2012) What's This?
47-26-28. Preservation of corporate assets--Injunctions and receivers. In proceedings to liquidate the assets and affairs of a corporation the court shall have power to issue injunctions, to appoint a receiver or receivers pendente lite, with such powers and duties as the court, from time to time, may direct, and to take such other proceedings as may be required to preserve the corporate assets wherever situated, and carry on the affairs of the corporation until a full hearing can be had.
Source: SL 1965, ch 24, § 57.
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