2014 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 05 - Organization And General Powers Of Insurers
§ 58-5-6.1 Domestication of foreign company--Requirements and procedure.

SD Codified L § 58-5-6.1 (2014) What's This?

58-5-6.1. Domestication of foreign company--Requirements and procedure. Any company organized under the laws of any other state or country, which might have been originally qualified and incorporated under the laws of this state, and which has been admitted to do business in this state may become a domestic corporation, and be entitled to certificates of its corporate existence and license to transact business in this state, and be subject in all respects to the authority and jurisdiction thereof upon completion with the following requirements:

(1) Execution, filing, and recording of original certificates;

(2) Payment of incorporation fees; and

(3) Designation of its principal place of business in this state.
Source: SL 1976, ch 310; SL 1987, ch 371.

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