47-25A-2. Required approvals.
If a domestic or foreign nonprofit corporation may not be a party to a merger or sale of its assets without the approval of the attorney general, the Division of Insurance, or the Public Utilities Commission, the corporation may not be a party to a conversion or domestication without the prior approval of that agency.
Source: SL 2016, ch 221, ยง17.
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.