S.D. Codified Laws § 51A-6A-8

Current through the 2024 Legislative Session
Section 51A-6A-8 - Amendment of articles-Extension of existence

Prior to the expiration of the period for which it was incorporated or organized a trust company may, with the approval of at least a majority of the capital stock or ownership units of such trust company, amend its articles to extend its existence for an additional period, which may be perpetual.

SDCL 51A-6A-8

SL 1995, ch 268, § 5A; SL 2011, ch 212, §39.