<HTML> <HEAD> <HTML> <HEAD> <meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-24-13 - 47-24-13. Repealed by SL 1989, ch 393, § 2047-24-13 </title> <META NAME="Keywords" Content="South Dakota Codified Laws SDCL 47-24-13 "> <META NAME="Description" Content="South Dakota Codified Laws 47-24-13"> </HEAD> <BODY> <!-- File converted by Wp2Html Version 4.0 --> <!-- Email Andrew@brackenbeds.co.uk for more details --> <!-- WP Style Open: System_34 --><!-- WP Style End: System_34 --> <Div align="full"> <!-- WP Paired Style On: SENU -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: SENU --> 47-24-13. <!-- WP Paired Style Off: SENU -->&nbsp;<!-- WP Style End: SENU --> Repealed by SL 1989, ch 393, &#167;&nbsp;20<p> </BODY> </HTML> <br /><hr><br /><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 47-24-13 - 47-24-13. Repealed by SL 1989, ch 393, § 20</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069344Normal { 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.s2069344SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069344CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069344Normal-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.s2069344DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2069344Normal-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.s2069344000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069344SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069344SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2069344Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-24-13.1"><span class="s2069344SENU">47-24-13.1</span></a><span xml:space="preserve" class="s2069344SENU">. </span><span class="s2069344CL">Administrative dissolution.</span></p><p dir="ltr" class="s2069344Normal-000000"><span xml:space="preserve" class="s2069344DefaultParagraphFont">The secretary of state may commence a proceeding under § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-24-13.2"><span class="s2069344DefaultParagraphFont">47-24-13.2</span></a><span xml:space="preserve" class="s2069344DefaultParagraphFont"> to administratively dissolve a corporation if:</span></p><p dir="ltr" class="s2069344Normal-000001"><span xml:space="preserve" class="s2069344DefaultParagraphFont">(1)    The corporation does not pay within sixty days after they are due any fees or penalties imposed by chapters </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-22"><span class="s2069344DefaultParagraphFont">47-22</span></a><span xml:space="preserve" class="s2069344DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-28"><span class="s2069344DefaultParagraphFont">47-28</span></a><span class="s2069344DefaultParagraphFont">, inclusive, or other law;</span></p><p dir="ltr" class="s2069344Normal-000001"><span class="s2069344DefaultParagraphFont">(2)    The corporation does not deliver its annual report to the secretary of state within sixty days after it is due;</span></p><p dir="ltr" class="s2069344Normal-000001"><span class="s2069344DefaultParagraphFont">(3)    The corporation is without a registered agent in this state for sixty days or more;</span></p><p dir="ltr" class="s2069344Normal-000001"><span class="s2069344DefaultParagraphFont">(4)    The corporation does not notify the secretary of state within sixty days that its registered agent has been changed or that its registered agent has resigned; or</span></p><p dir="ltr" class="s2069344Normal-000001"><span class="s2069344DefaultParagraphFont">(5)    The corporation's period of duration stated in its articles of incorporation expires.</span></p><p dir="ltr" class="s2069344Normal"><span xml:space="preserve" class="s2069344000002"> </span></p><p dir="ltr" class="s2069344Normal"><span class="s2069344SCL">Source:</span><span xml:space="preserve" class="s2069344SCL-000003"> SL 1989, ch 393, § 21; SL 2008, ch 275, § 66.</span></p></div></body></html><br /><hr><br /><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 47-24-13 - 47-24-13. Repealed by SL 1989, ch 393, § 20</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069345Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069345SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069345CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069345Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069345DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069345000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069345SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069345SCL-000002 { 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="s2069345Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-24-13.2"><span class="s2069345SENU">47-24-13.2</span></a><span xml:space="preserve" class="s2069345SENU">. </span><span class="s2069345CL">Notice of dissolution--Time limit for corrections--Continued existence--Authority of registered agent.</span></p><p dir="ltr" class="s2069345Normal-000000"><span xml:space="preserve" class="s2069345DefaultParagraphFont">If the secretary of state determines that one or more grounds exist under § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-24-13.1"><span class="s2069345DefaultParagraphFont">47-24-13.1</span></a><span xml:space="preserve" class="s2069345DefaultParagraphFont"> for dissolving a corporation, he shall serve the corporation with written notice of his determination under § 47-22-48. If the corporation does not correct each ground for dissolution or demonstrate to the reasonable satisfaction of the secretary of state that each ground determined by the secretary of state does not exist within sixty days after service of the notice is perfected under § 47-22-48, the secretary of state shall administratively dissolve the corporation by signing a certificate of dissolution that recites the ground or grounds for dissolution and its effective date. The secretary of state shall file the original of the certificate and serve a copy on the corporation under § 47-22-48. A corporation administratively dissolved continues its corporate existence but may not carry on any business except that necessary to wind up and liquidate its business and affairs under chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-26"><span class="s2069345DefaultParagraphFont">47-26</span></a><span xml:space="preserve" class="s2069345DefaultParagraphFont"> and notify claimants under §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-26-4"><span class="s2069345DefaultParagraphFont">47-26-4</span></a><span xml:space="preserve" class="s2069345DefaultParagraphFont"> and </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-26-34"><span class="s2069345DefaultParagraphFont">47-26-34</span></a><span class="s2069345DefaultParagraphFont">. Administrative dissolution of a corporation does not terminate the authority of its registered agent.</span></p><p dir="ltr" class="s2069345Normal"><span xml:space="preserve" class="s2069345000001"> </span></p><p dir="ltr" class="s2069345Normal"><span class="s2069345SCL">Source:</span><span xml:space="preserve" class="s2069345SCL-000002"> SL 1989, ch 393, § 22.</span></p></div></body></html>