South Dakota Codified Laws
Chapter 25A - Nonprofit Corporations--Domestication And Conversion
Section 47-25A-13 - Foreign for-profit domestication and conversion.

47-25A-13. Foreign for-profit domestication and conversion.
A foreign business corporation may become a domestic nonprofit corporation if the domestication and conversion is permitted by the laws of the foreign jurisdiction.

Source: SL 2016, ch 221, ยง28.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 47 - Corporations

Chapter 25A - Nonprofit Corporations--Domestication And Conversion

Section 47-25A-1 - Definitions.

Section 47-25A-2 - Required approvals.

Section 47-25A-3 - Domestication--Plan of domestication.

Section 47-25A-4 - Domestication of a domestic nonprofit corporation in a foreign jurisdiction.

Section 47-25A-5 - Articles of domestication.

Section 47-25A-6 - Effect of domestication--Liability of member of foreign nonprofit corporation domesticated in this state.

Section 47-25A-7 - Abandonment of domestication.

Section 47-25A-8 - For-profit conversion--Plan of for-profit conversion.

Section 47-25A-9 - Conversion of domestic nonprofit corporation to domestic or foreign business corporation.

Section 47-25A-10 - Articles of for-profit conversion.

Section 47-25A-11 - Effect of for-profit conversion--Liability of member of domestic nonprofit corporation that converts to domestic business corporation.

Section 47-25A-12 - Abandonment of for-profit conversion.

Section 47-25A-13 - Foreign for-profit domestication and conversion.

Section 47-25A-14 - Articles of domestication and conversion.

Section 47-25A-15 - Effect of foreign for-profit domestication and conversion--Liability of shareholder.

Section 47-25A-16 - Abandonment of foreign for-profit domestication and conversion.

Section 47-25A-17 - Effect of conversion.

Section 47-25A-18 - Abandonment of entity conversion.

Section 47-25A-19 - Conversion of domestic business corporation to domestic nonprofit corporation.

Section 47-25A-20 - Plan of nonprofit conversion.

Section 47-25A-21 - Effect of conversion of domestic business corporation to domestic nonprofit corporation.

Section 47-25A-22 - Abandonment of conversion of domestic business corporation to domestic nonprofit corporation.