{"data":{"id":"us-sd/sdcl-47-25a-19","jurisdiction":"us-sd","citation":"SDCL § 47-25A-19","heading":"Conversion of domestic business corporation to domestic nonprofit corporation.","body":"A domestic business corporation may become a domestic nonprofit corporation pursuant to a plan of nonprofit conversion only if incorporating pursuant to this chapter is not prohibited by any other law of this state. If the law of a domestic business corporation does not provide procedures for the approval of either a nonprofit conversion or a merger, a plan of nonprofit conversion must be adopted and approved, and the conversion effectuated in accordance with this chapter.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-25A. NONPROFIT CORPORATIONS--DOMESTICATION AND CONVERSION"],"source_url":"https://sdlegislature.gov/Statutes/47-25A-19","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"5e450d344a855d650be9dd687a5d04d9b65a5231006ab75cf4eb89b26cd08dcc","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-25a-18","next":"us-sd/sdcl-47-25a-20"},"notice":"GroundRules: Original legal text. Not legal advice."}
