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Code · South Dakota · Title 47 · Chapter 47-26

47-26-25. Power of court in liquidation proceedings--Action by attorney general.

48 words·~1 min read·/sd/title-47/chapter-47-26/47-26-25

A 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 when an action has been filed by the attorney general to dissolve a corporation and it is established that liquidation of its affairs should precede the entry of a decree of dissolution.
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