South Dakota Codified Laws 47-27-36. Notice and procedure for revocation–Time for notice–Corrective action bycorporation
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No certificate of authority of a foreign corporation shall be revoked by the secretary of state unless:
(1) He shall have given the corporation not less than sixty days’ notice thereof by mail addressed to its registered office in this state; and
Terms Used In South Dakota Codified Laws 47-27-36
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- 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.
(2) The corporation shall fail prior to revocation to file such annual report, or pay such fees or penalties, or file the required statement or change of registered agent, or file such articles of amendment or articles of merger, or correct such misrepresentation.
Source: SL 1965, ch 24, § 80.