{"data":{"id":"us-sd/sdcl-47-1a-1433","jurisdiction":"us-sd","citation":"SDCL § 47-1A-1433","heading":"Decree of dissolution.","body":"If after a hearing the court determines that one or more grounds for judicial dissolution described in § 47-1A-1430 exist, the court may enter a decree dissolving the corporation and specifying the effective date of the dissolution, and the clerk of the court shall deliver a certified copy of the decree to the Office of the Secretary of State, who shall file it.\nAfter entering the decree of dissolution, the court shall direct the winding-up and liquidation of the corporation's business and affairs in accordance with §§ 47-1A-1405 and 47-1A-1405.1 and the notification of claimants in accordance with §§ 47-1A-1406 to 47-1A-1406.2, inclusive, and 47-1A-1407 to 47-1A-1407.2, inclusive.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-1A-1433","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"3a55e922258a2c69d46e26c72af1fea82c5f15e28054c0520b97ecb537dfe3f3","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-1a-1432","next":"us-sd/sdcl-47-1a-1434"},"notice":"GroundRules: Original legal text. Not legal advice."}