Section 47-22-13 - Commencement of corporate existence--Certificate as conclusive evidence ofcompliance--Exceptions. - South Dakota Statutes

47-22-13. Commencement of corporate existence--Certificate as conclusive evidence of compliance--Exceptions. Upon the issuance of the certificate of incorporation, the corporate existence shall begin, and such certificate of incorporation shall be conclusive evidence that all conditions precedent required to be performed by the incorporators have been complied with and that the corporation has been incorporated under this chapter, except as against the state in a proceeding to cancel or revoke the certificate of incorporation or for involuntary dissolution of the corporation.

Source: SL 1965, ch 24, § 33.