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Home » US Law » 2022 South Dakota Codified Laws » Title 47 - Corporations » Chapter 26 - Nonprofit Corporations--Dissolution And Liquidation » Section 47-26-25 – Power of court in liquidation proceedings–Action by attorney general.

47-26-25. Power of court in liquidation proceedings–Action by attorney general.

Courts of equity shall have full power to liquidate the assets and affairs of a corporation when an action has been filed by the attorney general to dissolve a corporation and it is established that liquidation of its affairs should precede the entry of a decree of dissolution.

Source: SL 1965, ch 24, §56 (4).