47-24-13.1. Administrative dissolution.
The secretary of state may commence a proceeding under §47-24-13.2 to administratively dissolve a corporation if:
(1)The corporation does not pay within sixty days after they are due any fees or penalties imposed by chapters 47-22 to 47-28, inclusive, or other law;
(2)The corporation does not deliver its annual report to the secretary of state within sixty days after it is due;
(3)The corporation is without a registered agent in this state for sixty days or more;
(4)The corporation does not notify the secretary of state within sixty days that its registered agent has been changed or that its registered agent has resigned; or
(5)The corporation's period of duration stated in its articles of incorporation expires.
Source: SL 1989, ch 393, §21; SL 2008, ch 275, §66.
Structure South Dakota Codified Laws
Chapter 24 - Nonprofit Corporations--Records, Fiscal Affairs And Reports
Section 47-24-1 - Books, records, minutes, and member lists.
Section 47-24-2 - Inspection of books or records.
Section 47-24-3 - Shares of stock prohibited--Dividends and profits prohibited.
Section 47-24-5 - Loans to directors or officers--Liability for assenting to loan.
Section 47-24-6 - Report required of domestic corporation.
Section 47-24-13.1 - Administrative dissolution.
Section 47-24-14.1 - Denial of reinstatement--Appeal--Court action.
Section 47-24-15 - Change of name required on reinstatement.
Section 47-24-16 - Conforming petition for reinstatement filed--Certificate.
Section 47-24-18 - Definitions.
Section 47-24-19 - Protection--Nonprofit corporations--Charitable trusts.
Section 47-24-20 - Exceptions.
Section 47-24-21 - Personal affiliation information--Definitions.
Section 47-24-23 - Personal affiliation information--Privacy violation--Civil action.
Section 47-24-24 - Personal affiliation information--Exemptions.
Section 47-24-25 - Personal affiliation information--Public benefit.
Section 47-24-26 - Personal affiliation information--Fraud investigation.