S.D. Codified Laws § 47-34A-911

Action on plan of domestication by domesticating limited liability company

Last amended: 2013Year: 2025Length: 131 wordsSubsections: 2Official source
(a) A plan of domestication must be consented to: (1) By all the members, subject to § 47-34A-912 , if the domesticating company is a limited liability company; and (2) As provided in the domesticating company's governing statute, if the company is a foreign limited liability company. (b) Subject to any contractual rights, after a domestication is approved, and at any time before articles of domestication are delivered to the secretary of state for filing under § 47-34A-912 , a domesticating limited liability company may amend the plan or abandon the domestication: (1) As provided in the plan; or (2) Except as otherwise prohibited in the plan, by the same consent as was required to approve the plan. Source: SL 2010, ch 218, § 12; SL 2013, ch 233, § 25.
S.D. Codified Laws § 47-34A-911: Action on plan of domestication by domesticating limited liability company | Justis AI