S.D. Codified Laws § 47-1A-1420
This is the official text of S.D. Codified Laws § 47-1A-1420, 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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Grounds for administrative dissolution
Official statutory text
The Office of the Secretary of State may commence a proceeding under § 47-1A-1421 to administratively dissolve a corporation if:
(1) The corporation does not pay within sixty days after they are due any filing fees or penalties imposed by this chapter or other law;
(2) The corporation does not deliver its annual report to the Office of the Secretary of State within sixty days after it is due;
(3) The corporation is without a registered agent in this state for sixty days or more;
(4) The corporation does not notify the Office of the Secretary of State within sixty days that its registered agent has been changed or that its registered agent has resigned; or
(5) The corporation's period of duration stated in its articles of incorporation expires.
Source: SL 2005, ch 239, § 327; SL 2008, ch 275, § 41.
(1) The corporation does not pay within sixty days after they are due any filing fees or penalties imposed by this chapter or other law;
(2) The corporation does not deliver its annual report to the Office of the Secretary of State within sixty days after it is due;
(3) The corporation is without a registered agent in this state for sixty days or more;
(4) The corporation does not notify the Office of the Secretary of State within sixty days that its registered agent has been changed or that its registered agent has resigned; or
(5) The corporation's period of duration stated in its articles of incorporation expires.
Source: SL 2005, ch 239, § 327; SL 2008, ch 275, § 41.
Status: in_force · Read it on the official government site
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