{"data":{"id":"us-sd/sdcl-47-26-16","jurisdiction":"us-sd","citation":"SDCL § 47-26-16","heading":"Involuntary dissolution by court decree--Action by attorney general--Grounds of action.","body":"The provisions of § 47-24-13.1 notwithstanding, a corporation may be dissolved involuntarily by a decree of the circuit court in an action filed by the attorney general if it is established that:\n(1) The corporation procured its articles of incorporation through fraud; or\n(2) The corporation has continued to exceed or abuse the authority conferred upon it by law.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-26. NONPROFIT CORPORATIONS--DISSOLUTION AND LIQUIDATION"],"source_url":"https://sdlegislature.gov/Statutes/47-26-16","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"bd237f7232ad3be4c283c3939b4553cc6931b92bb3a85cb96572d33895e1ee3e","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-26-15","next":"us-sd/sdcl-47-26-17"},"notice":"GroundRules: Original legal text. Not legal advice."}
