SDCL § 47-26-35: Discontinuance of liquidation proceedings--Redelivery of assets to corporation.
Where this section sits in the code
- TITLE 47. CORPORATIONS
- CHAPTER 47-26. NONPROFIT CORPORATIONS--DISSOLUTION AND LIQUIDATION
The liquidation of the assets and affairs of a corporation may be discontinued at any time during the liquidation proceedings when it is established that cause for liquidation no longer exists. In such event the court shall dismiss the proceedings and direct the receiver to redeliver to the corporation all its remaining property and assets.
Collected 2026-09-03T15:18:57Z. Source file · JSON