S.D. Codified Laws § 47-1A-1406.1
This is the official text of S.D. Codified Laws § 47-1A-1406.1, part of South Dakota’s Codified Laws — part of the compiled statutory law of South Dakota, published by the state as "Codified Laws." Browse the sections below, each linked to its official government source.
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Bar on known claims against dissolved corporation
Official statutory text
A claim against the dissolved corporation is barred:
(1) If a claimant who was given written notice under § 47-1A-1406 does not deliver the claim to the dissolved corporation by the deadline; or
(2) If a claimant whose claim was rejected by the dissolved corporation does not commence a proceeding to enforce the claim within ninety days from the effective date of the rejection notice.
Source: SL 2005, ch 239, § 319.
(1) If a claimant who was given written notice under § 47-1A-1406 does not deliver the claim to the dissolved corporation by the deadline; or
(2) If a claimant whose claim was rejected by the dissolved corporation does not commence a proceeding to enforce the claim within ninety days from the effective date of the rejection notice.
Source: SL 2005, ch 239, § 319.
Status: in_force · Read it on the official government site
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