A foreign corporation or eligible entity may be a party to a share exchange only if the share exchange is permitted by the corporation or other entity is organized or by which it is governed. Source: SL 2005, ch 239 , § 256.
SDCL § 47-1A-1103.1 — under SOUTH DAKOTA BUSINESS CORPORATION ACT.
SDCL § 47-1A-1103.1
A foreign corporation or eligible entity may be a party to a share exchange only if the share exchange is permitted by the corporation or other entity is organized or by which it is governed. Source: SL 2005, ch 239 , § 256.