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§ 47-1a-924-1 — South Dakota Law | CourtGPT
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South Dakota Legal Code

§ 47-1a-924-1

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47-1A-924.1. Effect of domestication of domestic business corporation in foreign jurisdiction.When a domestication of a domestic business corporation in a foreign jurisdiction becomes effective, the foreign business corporation is deemed to:(1)Appoint the Office of the Secretary of State as its agent for service of process in a proceeding to enforce the rights of shareholders who exercise appraisal rights in connection with the domestication; and(2)Agree that it will promptly pay the amount, if any, to which such shareholders are entitled under §§47-1A-1301 to 47-1A-1331.2, inclusive. Source: SL 2005, ch 239, §210.