South Dakota § 47-25-17 - New corporation as responsible for claims and liabilities--Preexisting rights unimpaired.
Full text of South Dakota South Dakota Codified Laws § 47-25-17 — New corporation as responsible for claims and liabilities--Preexisting rights unimpaired., with citation guidance and answers to common questions.
§ 47-25-17. New corporation as responsible for claims and liabilities--Preexisting rights unimpaired.
When a merger or consolidation has been effected pursuant to this chapter, the surviving or new corporation shall thenceforth be responsible and liable for all the liabilities and obligations of each of the corporations so merged or consolidated; and any claim existing or action or proceeding pending by or against any of such corporations may be prosecuted as if such merger or consolidation had not taken place, or such surviving or new corporation may be substituted in its place. Neither the rights of creditors nor any liens upon the property of any such corporation shall be impaired by such merger or consolidation.
Source: SL 1965, ch 24, § 44 (5).
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 47-25-17
What does South Dakota Codified Laws § 47-25-17 cover?
Section 47-25-17 ("New corporation as responsible for claims and liabilities--Preexisting rights unimpaired.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 47-25-17?
A common citation format is "South Dakota Codified Laws § 47-25-17" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 47-25-17 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.