Section 47-25-20 - Compliance with local law by surviving corporation--Submission to service of processlocally. - South-dakota Statutes

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47-25-20. Compliance with local law by surviving corporation--Submission to service of process locally. If the surviving or new corporation of a merger or consolidation described in § 47-25-18, as the case may be, is to be governed by the laws of any state other than this state, it shall comply with the provisions of chapter 47-27 with respect to foreign corporations if it is to conduct affairs in this state, and in every case it shall file with the secretary of state of this state:
(1) An agreement that it may be served with process in this state in any proceeding for the enforcement of any obligation of any domestic corporation which is a party to such merger or consolidation; and
(2) An irrevocable appointment of the secretary of state of this state as its agent to accept service of process in any such proceeding.

Source: SL 1965, ch 24, § 45 (2).

State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-25 > Statute-47-25-20

47-25-20. Compliance with local law by surviving corporation--Submission to service of process locally. If the surviving or new corporation of a merger or consolidation described in § 47-25-18, as the case may be, is to be governed by the laws of any state other than this state, it shall comply with the provisions of chapter 47-27 with respect to foreign corporations if it is to conduct affairs in this state, and in every case it shall file with the secretary of state of this state:
(1) An agreement that it may be served with process in this state in any proceeding for the enforcement of any obligation of any domestic corporation which is a party to such merger or consolidation; and
(2) An irrevocable appointment of the secretary of state of this state as its agent to accept service of process in any such proceeding.

Source: SL 1965, ch 24, § 45 (2).

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State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-25 > Statute-47-25-20

47-25-20. Compliance with local law by surviving corporation--Submission to service of process locally. If the surviving or new corporation of a merger or consolidation described in § 47-25-18, as the case may be, is to be governed by the laws of any state other than this state, it shall comply with the provisions of chapter 47-27 with respect to foreign corporations if it is to conduct affairs in this state, and in every case it shall file with the secretary of state of this state:
(1) An agreement that it may be served with process in this state in any proceeding for the enforcement of any obligation of any domestic corporation which is a party to such merger or consolidation; and
(2) An irrevocable appointment of the secretary of state of this state as its agent to accept service of process in any such proceeding.

Source: SL 1965, ch 24, § 45 (2).