South Dakota § 47-26-16 - Involuntary dissolution by court decree--Action by attorney general--Grounds of action.

Full text of South Dakota South Dakota Codified Laws § 47-26-16 — Involuntary dissolution by court decree--Action by attorney general--Grounds of action., with citation guidance and answers to common questions.

§ 47-26-16. Involuntary dissolution by court decree--Action by attorney general--Grounds of action.

The provisions of § 47-24-13.1 notwithstanding, a corporation may be dissolved involuntarily by a decree of the circuit court in an action filed by the attorney general if it is established that:

(1)    The corporation procured its articles of incorporation through fraud; or

(2)    The corporation has continued to exceed or abuse the authority conferred upon it by law.

Source: SL 1965, ch 24, § 53; SL 1967, ch 14, § 1; SL 1989, ch 393, § 31.

Source: official South Dakota text · Last verified 2026-08-27

Related South Dakota Legal Topics

Frequently Asked Questions About South Dakota § 47-26-16

What does South Dakota Codified Laws § 47-26-16 cover?

Section 47-26-16 ("Involuntary dissolution by court decree--Action by attorney general--Grounds of action.") 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 § 47-26-16?

A common citation format is "South Dakota Codified Laws § 47-26-16" (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 § 47-26-16 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.