47-25A-16. Abandonment of foreign for-profit domestication and conversion.
If the domestication and conversion of a foreign business corporation to a domestic nonprofit corporation is abandoned in accordance with the laws of the foreign jurisdiction after articles of domestication and conversion have been filed with the Office of the Secretary of State, a statement that the domestication and conversion has been abandoned, signed by an officer or other duly authorized representative, must be delivered to the Office of the Secretary of State for filing. The statement takes effect upon filing and the domestication and conversion is abandoned and does not become effective.
Source: SL 2016, ch 221, ยง31.
Structure South Dakota Codified Laws
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-7 - Abandonment of domestication.
Section 47-25A-8 - For-profit conversion--Plan of for-profit conversion.
Section 47-25A-10 - Articles of for-profit conversion.
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-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.