Automatic withdrawal upon certain conversions

SDCL § 47-1A-1521 — under SOUTH DAKOTA BUSINESS CORPORATION ACT.

SDCL § 47-1A-1521

A foreign business corporation authorized to transact business in this state that converts to any form of domestic filing entity shall be deemed to have withdrawn on the effective date of the conversion. Source: SL 2005, ch 239 , § 364.