47-26-24. Power of court in liquidation proceedings--Application by corporation.
32 words·~1 min read·
/sd/title-47/chapter-47-26/47-26-24A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Courts of equity shall have full power to liquidate the assets and affairs of a corporation upon application by a corporation to have its dissolution continued under the supervision of the court.