South Dakota § 47-25A-1 - Definitions.
Full text of South Dakota South Dakota Codified Laws § 47-25A-1 — Definitions., with citation guidance and answers to common questions.
§ 47-25A-1. Definitions.
Terms used in this chapter, mean:
(1) "Conversion," a transaction authorized by §§ 47-25A-8 to 47-25A-22, inclusive;
(2) "Converting corporation," the domestic or foreign nonprofit or business corporation that approves a conversion pursuant to §§ 47-25A-8 to 47-25A-22, inclusive, or the applicable laws of the foreign jurisdiction;
(3) "Converting entity," the domestic or foreign entity that approves a conversion pursuant to §§ 47-25A-8 to 47-25A-22, inclusive;
(4) "Domesticated corporation," the domesticating corporation as it continues in existence after a domestication;
(5) "Domesticating corporation," the domestic nonprofit corporation that adopts a plan of domestication pursuant to §§ 47-25A-3 to 47-25A-7, inclusive, or the foreign nonprofit corporation that approves a domestication pursuant to the applicable laws of the foreign jurisdiction;
(6) "Domestication," a transaction authorized by §§ 47-25A-3 to 47-25A-7, inclusive;
(7) "Surviving corporation," the corporation as it continues in existence immediately after consummation of a for-profit conversion pursuant to §§ 47-25A-3 to 47-25A-22, inclusive;
(8) "Surviving entity," the unincorporated entity as it continues in existence immediately after consummation of an entity conversion pursuant to §§ 47-25A-3 to 47-25A-22, inclusive.
Source: SL 2016, ch 221, § 16.
Frequently Asked Questions About South Dakota § 47-25A-1
What does South Dakota Codified Laws § 47-25A-1 cover?
Section 47-25A-1 ("Definitions.") 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 § 47-25A-1?
A common citation format is "South Dakota Codified Laws § 47-25A-1" (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 § 47-25A-1 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.