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Code · South Dakota · Title 47 · Chapter 47-27

47-27-6. Certificate as conferring no greater rights than those enjoyed by local corporations.

97 words·~1 min read·/sd/title-47/chapter-47-27/47-27-6

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A foreign corporation which shall have received a certificate of authority under this chapter shall, until a certificate of revocation or of withdrawal shall have been issued as provided in this chapter, enjoy the same, but no greater, rights and privileges as a domestic corporation organized for the purposes set forth in the application pursuant to which such certificate of authorization is issued; and, except as otherwise provided in chapters 47-22 to 47-28 , inclusive, shall be subject to the same duties, restrictions, penalties and liabilities now or hereafter imposed upon a domestic corporation of like character.
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