State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-26 > Statute-47-26-28

47-26-28. Preservation of corporate assets--Injunctions and receivers. In proceedings to liquidate the assets and affairs of a corporation the court shall have power to issue injunctions, to appoint a receiver or receivers pendente lite, with such powers and duties as the court, from time to time, may direct, and to take such other proceedings as may be required to preserve the corporate assets wherever situated, and carry on the affairs of the corporation until a full hearing can be had.

Source: SL 1965, ch 24, § 57.

State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-26 > Statute-47-26-28

47-26-28. Preservation of corporate assets--Injunctions and receivers. In proceedings to liquidate the assets and affairs of a corporation the court shall have power to issue injunctions, to appoint a receiver or receivers pendente lite, with such powers and duties as the court, from time to time, may direct, and to take such other proceedings as may be required to preserve the corporate assets wherever situated, and carry on the affairs of the corporation until a full hearing can be had.

Source: SL 1965, ch 24, § 57.