Assets of direct or indirect consolidated subsidiary considered assets of parent corporation

SDCL § 47-1A-1202.6 — under SOUTH DAKOTA BUSINESS CORPORATION ACT.

SDCL § 47-1A-1202.6

The assets of a direct or indirect consolidated subsidiary shall be deemed the assets of the parent corporation for the purposes of §§ 47-1A-1202 to 47-1A-1202.6 , inclusive. Source: SL 2005, ch 239 , § 279.