South Dakota Codified Laws 47-1A-951.2. Terms of plan of entity conversion dependent on extrinsic facts
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Terms of a plan of entity conversion may be made dependent upon facts objectively ascertainable outside the plan in accordance with §§ 47-1A-120.1 to 47-1A-120.3, inclusive.
Terms Used In South Dakota Codified Laws 47-1A-951.2
- Dependent: A person dependent for support upon another.
- Entity: includes domestic and foreign business corporation. See South Dakota Codified Laws 47-1A-140
Source: SL 2005, ch 239, § 223.