SDCL § 47-1A-1420: Grounds for administrative dissolution.

The Office of the Secretary of State may commence a proceeding under § 47-1A-1421 to administratively dissolve a corporation if:

(1) The corporation does not pay within sixty days after they are due any filing fees or penalties imposed by this chapter or other law;

(2) The corporation does not deliver its annual report to the Office of the Secretary of State within sixty days after it is due;

(3) The corporation is without a registered agent in this state for sixty days or more;

(4) The corporation does not notify the Office of the Secretary of State within sixty days that its registered agent has been changed or that its registered agent has resigned; or

(5) The corporation's period of duration stated in its articles of incorporation expires.