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Code · South Dakota · Title 47 · Chapter 47-25

47-25-13. Formation of single corporation--Surviving corporation.

68 words·~1 min read·/sd/title-47/chapter-47-25/47-25-13

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When a merger or consolidation has been effected pursuant to this chapter, the several corporations parties to the plan of merger or consolidation shall be a single corporation, which, in the case of a merger, shall be that corporation designated in the plan of merger as the surviving corporation, and, in the case of a consolidation, shall be the new corporation provided for in the plan of consolidation.
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