S.D. Codified Laws § 47-26-39
Preexisting rights and claims unaffected by dissolution--Time for assertion--Protection of remedy
The dissolution of a corporation either:
(1) By the issuance of a certificate of dissolution by the secretary of state; or
(2) By a decree of court when the court has not liquidated the assets and affairs of the corporation as provided in this chapter; or
(3) By expiration of its period of duration,
Source: SL 1965, ch 24, § 64.