South Dakota Codified Laws 47-1A-1007. Restated articles of incorporation–Adoption
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A corporation‘s board of directors may restate its articles of incorporation at any time, with or without shareholder approval, to consolidate all amendments into a single document. If the restated articles include one or more new amendments that require shareholder approval, the amendments shall be adopted and approved as provided in § 47-1A-1003. Duly adopted restated articles of incorporation supersede the original articles of incorporation and all amendments thereto.
Terms Used In South Dakota Codified Laws 47-1A-1007
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Source: SL 2005, ch 239, § 241.