SDCL tit. 16, ch. 17, app TO CHAPTER 16-17, art. II, 2.5

Current through the 2024 Legislative Session

Dissolution

Upon the State Bar's formal dissolution, the Bar Commission will distribute all State Bar assets for one or more exempt purposes within the meaning of the Internal Revenue Code or will distribute the assets:

a. to the federal government;

b. to a state or local government; or,

c. for an appropriate purpose, as determined by the Bar Commission.

SDCL tit. 16, ch. 17, app TO CHAPTER 16-17, art. II, 2.5