South Dakota Codified Laws
Chapter 27 - Foreign Nonprofit Corporations
Section 47-27-6 - Certificate as conferring no greater rights than those enjoyed by local corporations.

47-27-6. Certificate as conferring no greater rights than those enjoyed by local corporations.
A foreign corporation which shall have received a certificate of authority under this chapter shall, until a certificate of revocation or of withdrawal shall have been issued as provided in this chapter, enjoy the same, but no greater, rights and privileges as a domestic corporation organized for the purposes set forth in the application pursuant to which such certificate of authorization is issued; and, except as otherwise provided in chapters 47-22 to 47-28, inclusive, shall be subject to the same duties, restrictions, penalties and liabilities now or hereafter imposed upon a domestic corporation of like character.

Source: SL 1965, ch 24, §66.

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Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 47 - Corporations

Chapter 27 - Foreign Nonprofit Corporations

Section 47-27-1 - Certificate of authority to do business--Application--Contents of application--Forms--Execution.

Section 47-27-2 - Delivery of application to secretary of state.

Section 47-27-3 - Approval by secretary of state--Endorsement and filing.

Section 47-27-4 - Issuance of certificate of authority--Authority conferred by certificate.

Section 47-27-5 - Circumstances under which certificate may not be denied--Difference between local and foreign law--Regulation of internal affairs of corporation prohibited.

Section 47-27-6 - Certificate as conferring no greater rights than those enjoyed by local corporations.