2017 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 34A - Uniform Limited Liability Company Act
§ 47-34A-911 Action on plan of domestication by domesticating limited liability company.
47-34A-911. Action on plan of domestication by domesticating limited liability company. (a) A plan of domestication must be consented to:
(1) By all the members, subject to § 47-34A-912, if the domesticating company is a limited liability company; and
(2) As provided in the domesticating company's governing statute, if the company is a foreign limited liability company.
(b) Subject to any contractual rights, after a domestication is approved, and at any time before articles of domestication are delivered to the secretary of state for filing under § 47-34A-912, a domesticating limited liability company may amend the plan or abandon the domestication:
(1) As provided in the plan; or
(2) Except as otherwise prohibited in the plan, by the same consent as was required to approve the plan.
Source: SL 2010, ch 218, § 12; SL 2013, ch 233, § 25.
