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Statutes > South Dakota Laws > Title 47 - CORPORATIONS > Chapter 26 - Nonprofit Corporations--Dissolution And Liquidation > Section 47-26-33 - Qualifications of receiver--Bond.

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SOUTH DAKOTA STATUTES AND CODES

Section 47-26-33 - Qualifications of receiver--Bond.

47-26-33. Qualifications of receiver--Bond. A receiver shall in all cases be a citizen of the United States or a corporation for profit authorized to act as receiver, which corporation may be a domestic corporation or a foreign corporation authorized to transact business in this state, and shall in all cases give such bond as the court may direct with such sureties as the court may require.

Source: SL 1965, ch 24, § 58.

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