South Dakota Codified Laws
Chapter 25 - Nonprofit Corporations--Reorganization
Section 47-25-18 - Merger or consolidation involving foreign corporation.

47-25-18. Merger or consolidation involving foreign corporation.
One or more foreign corporations and one or more domestic corporations may be merged or consolidated in the manner provided by §§47-25-19 and 47-25-20, if such merger or consolidation is permitted by the laws of the state under which each such foreign corporation is organized.

Source: SL 1965, ch 24, §45.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 47 - Corporations

Chapter 25 - Nonprofit Corporations--Reorganization

Section 47-25-1 - Merger of corporations--Plan of merger--Contents of plan.

Section 47-25-2 - Amendment of surviving corporation's articles.

Section 47-25-3 - Consolidation of corporations--Plan of consolidation--Contents of plan.

Section 47-25-4 - Articles of consolidation as governing new corporation.

Section 47-25-5 - Adoption of plan of merger or consolidation.

Section 47-25-6 - Resolution of merger or consolidation--Submission to members--Notice of proposed plan.

Section 47-25-7 - Two-thirds vote required for approval.

Section 47-25-8 - Corporations having no members entitled to vote--Approval by directors.

Section 47-25-9 - Abandonment of merger or consolidation plan.

Section 47-25-10 - Approval of articles of merger or consolidation--Contents of approval--Delivery to secretary of state.

Section 47-25-11 - Endorsement and approval by secretary of state--Issuance of certificate of merger or consolidation.

Section 47-25-12 - Effective date of merger or consolidation.

Section 47-25-13 - Formation of single corporation--Surviving corporation.

Section 47-25-14 - Cessation of previous corporate existence.

Section 47-25-15 - Rights and duties of surviving corporation.

Section 47-25-16 - Transfer of assets and liabilities to surviving corporation--Title to real estate.

Section 47-25-17 - New corporation as responsible for claims and liabilities--Preexisting rights unimpaired.

Section 47-25-18 - Merger or consolidation involving foreign corporation.

Section 47-25-19 - Compliance with local law by local corporation--Compliance with foreign law by foreign corporation.

Section 47-25-20 - Compliance with local law by surviving corporation--Submission to service of process locally.

Section 47-25-21 - Effect of merger or consolidation of foreign and domestic corporation.

Section 47-25-22 - Surviving corporation as governed by foreign law.

Section 47-25-23 - Abandonment of merger or consolidation.

Section 47-25-24 - Transfer of substantially all corporate assets.

Section 47-25-25 - Vote upon transfer of corporate assets--Notice of meeting--Contents of notice.

Section 47-25-26 - Authorization of transfer by members--Two-thirds vote required.

Section 47-25-27 - Abandonment of transfer plan after vote of members--Rights of third parties.

Section 47-25-28 - Authorization for transfer in corporation having no members entitled to vote.