<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 47-27-34 - Cessation of authority to conduct local business. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069468Normal { 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.s2069468SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069468CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069468Normal-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.s2069468DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069468000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069468SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069468SCL-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="s2069468Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-27-34"><span class="s2069468SENU">47-27-34</span></a><span xml:space="preserve" class="s2069468SENU">. </span><span class="s2069468CL">Cessation of authority to conduct local business.</span></p><p dir="ltr" class="s2069468Normal-000000"><span xml:space="preserve" class="s2069468DefaultParagraphFont">Upon the issuance of a certificate of withdrawal pursuant to § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-27-33"><span class="s2069468DefaultParagraphFont">47-27-33</span></a><span class="s2069468DefaultParagraphFont">, the authority of the corporation to conduct affairs in this state shall cease.</span></p><p dir="ltr" class="s2069468Normal"><span xml:space="preserve" class="s2069468000001"> </span></p><p dir="ltr" class="s2069468Normal"><span class="s2069468SCL">Source:</span><span xml:space="preserve" class="s2069468SCL-000002"> SL 1965, ch 24, § 79.</span></p></div></body></html>