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§ 47-1a-950-5 — South Dakota Law | CourtGPT
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South Dakota Legal Code

§ 47-1a-950-5

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47-1A-950.5. Definition of terms applying to §§47-1A-950 to 47-1A-956.Terms used in §§47-1A-950 to 47-1A-956, inclusive, mean:(1)'Converting entity,' the domestic business corporation or domestic unincorporated entity that adopts a plan of entity conversion or the foreign unincorporated entity converting to a domestic business corporation;(2)'Surviving entity,' the corporation or unincorporated entity that is in existence immediately after consummation of an entity conversion pursuant to §§47-1A-950 to 47-1A-956, inclusive. Source: SL 2005, ch 239, §220.