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Form a Business

Consequences of transacting business without authority.

SDCL § 47-1A-1502
in effect
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47-1A-1502. Consequences of transacting business without authority. A foreign corporation transacting business in this state without a certificate of authority may not maintain a proceeding in any court in this state until it obtains a certificate of authority. The successor to a foreign corporation that transacted business in this state without a certificate of authority and the assignee of a cause of action arising out of that business may not maintain a proceeding based on that cause of action in any court in this state until the foreign corporation or its successor obtains a certificate of authority. SL 2005, ch 239, § 348.
Source: South Dakota Legislature (sdlegislature.gov)URL: https://sdlegislature.gov/Statutes/47-1A-1502Fetched: 10/20/2026

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