South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 47-10-22: Nonstockholder members--Payment before dissolution of corporation.

Where this section sits in the code

TITLE 47. CORPORATIONS
CHAPTER 47-10. BUSINESS DEVELOPMENT CREDIT CORPORATIONS

Upon dissolution of a corporation organized under this chapter, obligations due the nonstockholder members are to be paid in full before any payments are made to the stockholder members.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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