<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-1A-1530 - Grounds for revocation. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2068427Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2068427SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2068427CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2068427Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2068427DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2068427Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2068427000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2068427SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2068427SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2068427Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-1A-1530"><span class="s2068427SENU">47-1A-1530</span></a><span xml:space="preserve" class="s2068427SENU">. </span><span class="s2068427CL">Grounds for revocation.</span></p><p dir="ltr" class="s2068427Normal-000000"><span xml:space="preserve" class="s2068427DefaultParagraphFont">The Office of the Secretary of State may commence a proceeding under §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-1A-1531"><span class="s2068427DefaultParagraphFont">47-1A-1531</span></a><span xml:space="preserve" class="s2068427DefaultParagraphFont"> and </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-1A-1531.1"><span class="s2068427DefaultParagraphFont">47-1A-1531.1</span></a><span xml:space="preserve" class="s2068427DefaultParagraphFont"> to revoke the certificate of authority of a foreign corporation authorized to transact business in this state if:</span></p><p dir="ltr" class="s2068427Normal-000001"><span class="s2068427DefaultParagraphFont">(1)    The foreign corporation does not deliver its annual report to the Office of the Secretary of State within sixty days after it is due;</span></p><p dir="ltr" class="s2068427Normal-000001"><span class="s2068427DefaultParagraphFont">(2)    The foreign corporation does not pay within sixty days after they are due any franchise taxes or penalties imposed by this chapter or other law;</span></p><p dir="ltr" class="s2068427Normal-000001"><span class="s2068427DefaultParagraphFont">(3)    The foreign corporation is without a registered agent in this state for sixty days or more;</span></p><p dir="ltr" class="s2068427Normal-000001"><span class="s2068427DefaultParagraphFont">(4)    The foreign corporation does not inform the secretary of state by an appropriate filing that its registered agent has changed or that its registered agent has resigned within sixty days of the change or resignation;</span></p><p dir="ltr" class="s2068427Normal-000001"><span class="s2068427DefaultParagraphFont">(5)    An incorporator, director, officer, or agent of the foreign corporation signed a document knowing it was false in any material respect with intent that the document be delivered to the Office of the Secretary of State for filing;</span></p><p dir="ltr" class="s2068427Normal-000001"><span class="s2068427DefaultParagraphFont">(6)    The Office of the Secretary of State receives a duly authenticated certificate from the Office of the Secretary of State or other official having custody of corporate records in the state or country under whose law the foreign corporation is incorporated stating that it has been dissolved or disappeared as the result of a merger.</span></p><p dir="ltr" class="s2068427Normal"><span xml:space="preserve" class="s2068427000002"> </span></p><p dir="ltr" class="s2068427Normal"><span class="s2068427SCL">Source:</span><span xml:space="preserve" class="s2068427SCL-000003"> SL 2005, ch 239, § 367; SL 2008, ch 275, § 49.</span></p></div></body></html>