S.D. Codified Laws § 47-1A-1407

Current through the 2024 Legislative Session
Section 47-1A-1407 - Other claims against dissolved corporation-Publication of notice of dissolution

A dissolved corporation may also publish notice of its dissolution and request that persons with claims against the dissolved corporation present them in accordance with the notice. The notice must:

(1) Be published one time in a newspaper of general circulation in the county where the dissolved corporation's principal office is or was located, or, if none in this state, in Hughes County;
(2) Describe the information that must be included in a claim and provide a mailing address where the claim may be sent; and
(3) State that a claim against the dissolved corporation will be barred unless a proceeding to enforce the claim is commenced within three years after the publication of the notice.

SDCL 47-1A-1407

SL 2005, ch 239, §321; SL 2008, ch 275, §39.