§ 47-25A-1 Definitions
§ 47-25A-2 Required approvals
§ 47-25A-3 Domestication–Plan of domestication
§ 47-25A-4 Domestication of a domestic nonprofit corporation in a foreign jurisdiction
§ 47-25A-5 Articles of domestication
§ 47-25A-6 Effect of domestication–Liability of member of foreign nonprofit corporationdomesticated in this state
§ 47-25A-7 Abandonment of domestication
§ 47-25A-8 For-profit conversion–Plan of for-profit conversion
§ 47-25A-9 Conversion of domestic nonprofit corporation to domestic or foreign businesscorporation
§ 47-25A-10 Articles of for-profit conversion
§ 47-25A-11 Effect of for-profit conversion–Liability of member of domestic nonprofitcorporation that converts to domestic business corporation
§ 47-25A-12 Abandonment of for-profit conversion
§ 47-25A-13 Foreign for-profit domestication and conversion
§ 47-25A-14 Articles of domestication and conversion
§ 47-25A-15 Effect of foreign for-profit domestication and conversion–Liability of shareholder
§ 47-25A-16 Abandonment of foreign for-profit domestication and conversion
§ 47-25A-17 Effect of conversion
§ 47-25A-18 Abandonment of entity conversion
§ 47-25A-19 Conversion of domestic business corporation to domestic nonprofit corporation
§ 47-25A-20 Plan of nonprofit conversion
§ 47-25A-21 Effect of conversion of domestic business corporation to domestic nonprofitcorporation
§ 47-25A-22 Abandonment of conversion of domestic business corporation to domestic nonprofitcorporation
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Terms Used In South Dakota Codified Laws > Title 47 > Chapter 25A - Nonprofit Corporations--Domestication and Conversion

  • 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.
  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • Quorum: The number of legislators that must be present to do business.