§ 47-25-13 Formation of single corporation--Surviving corporation.

SD Codified L § 47-25-13 (2019) (N/A)
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47-25-13. Formation of single corporation--Surviving corporation. When a merger or consolidation has been effected pursuant to this chapter, the several corporations parties to the plan of merger or consolidation shall be a single corporation, which, in the case of a merger, shall be that corporation designated in the plan of merger as the surviving corporation, and, in the case of a consolidation, shall be the new corporation provided for in the plan of consolidation.

Source: SL 1965, ch 24, § 44 (1).