<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 49-33-1 - Incorporation of company--Articles of incorporation--Perpetual existence--Reinstatement of articles as amended. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2070609Normal { 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.s2070609SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2070609CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2070609Normal-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.s2070609DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2070609Normal-000001 { margin-top: 0; margin-bottom: 0; text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2070609000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2070609SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2070609SCL-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="s2070609Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=49-33-1"><span class="s2070609SENU">49-33-1</span></a><span xml:space="preserve" class="s2070609SENU">. </span><span class="s2070609CL">Incorporation of company--Articles of incorporation--Perpetual existence--Reinstatement of articles as amended.</span></p><p dir="ltr" class="s2070609Normal-000000"><span xml:space="preserve" class="s2070609DefaultParagraphFont">Any number of persons, not less than three, may form a corporation for the purpose of constructing, maintaining and operating a street railway or railways or for the purpose of generating, transmitting or distributing electricity, the same to be sold to or used by the public for heat, light or power, by making and executing articles of incorporation in compliance with §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-1A-202"><span class="s2070609DefaultParagraphFont">47-1A-202</span></a><span xml:space="preserve" class="s2070609DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-1A-202.3"><span class="s2070609DefaultParagraphFont">47-1A-202.3</span></a><span xml:space="preserve" class="s2070609DefaultParagraphFont">, inclusive, and §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-1A-627"><span class="s2070609DefaultParagraphFont">47-1A-627</span></a><span xml:space="preserve" class="s2070609DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-1A-627.2"><span class="s2070609DefaultParagraphFont">47-1A-627.2</span></a><span class="s2070609DefaultParagraphFont">, inclusive. Such corporation shall exist perpetually unless otherwise stated in its articles of incorporation and shall have the power to engage in other businesses set forth therein.</span></p><p dir="ltr" class="s2070609Normal-000001"><span xml:space="preserve" class="s2070609DefaultParagraphFont">Any corporation organized under chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=49-33"><span class="s2070609DefaultParagraphFont">49-33</span></a><span xml:space="preserve" class="s2070609DefaultParagraphFont"> may at any time restate its articles of incorporation as theretofore amended by a resolution adopted by its board of directors. The secretary of state shall accept the restated articles of incorporation for filing upon receipt of a certified copy of said resolution.</span></p><p dir="ltr" class="s2070609Normal"><span xml:space="preserve" class="s2070609000002"> </span></p><p dir="ltr" class="s2070609Normal"><span class="s2070609SCL">Source:</span><span xml:space="preserve" class="s2070609SCL-000003"> SDC 1939, § 52.1501; SL 1947, ch 236, § 1; SL 1986, ch 396, § 1; SL 2005, ch 202, § 9.</span></p><p dir="ltr" class="s2070609Normal"><span xml:space="preserve" class="s2070609000002"> </span></p></div></body></html>