Section 47-1A-953.3 - Articles of entity conversion--Filing and effectiveness--Cancellation ofcertificate of authority. - South Dakota Statutes

47-1A-953.3. Articles of entity conversion--Filing and effectiveness--Cancellation of certificate of authority. The articles of entity conversion shall be delivered to the Office of the Secretary of State for filing, and shall take effect at the effective time provided in §§ 47-1A-123 and 47-1A-123.1. Articles of entity conversion filed under § 47-1A-953 or 47-1A-953.1 may be combined with any required conversion filing under the organic law of the domestic unincorporated entity if the combined filing satisfies the requirements of §§ 47-1A-953 to 47-1A-953.3, inclusive, and the other organic law.
If the converting entity is a foreign unincorporated entity that is authorized to transact business in this state under a provision of law similar to §§ 47-1A-1501 to 47-1A-1532, inclusive, its certificate of authority or other type of foreign qualification shall be cancelled automatically on the effective date of its conversion.

Source: SL 2005, ch 239, § 228.