Definition of terms applying to §§ 47-1A-950 to 47-1A-956.
SDCL § 47-1A-950.5
in effect47-1A-950.5. Definition of terms applying to §§ 47-1A-950 to 47-1A-956.
Terms used in §§ 47-1A-950 to 47-1A-956, inclusive, mean:
(1) "Converting entity," the domestic business corporation or domestic unincorporated entity that adopts a plan of entity conversion or the foreign unincorporated entity converting to a domestic business corporation;
(2) "Surviving entity," the corporation or unincorporated entity that is in existence immediately after consummation of an entity conversion pursuant to §§ 47-1A-950 to 47-1A-956, inclusive.
SL 2005, ch 239, § 220.
Source: South Dakota Legislature (sdlegislature.gov)URL: https://sdlegislature.gov/Statutes/47-1A-950.5Fetched: 10/20/2026