Assets of direct or indirect consolidated subsidiary considered assets of parent corporation.

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  4. South Dakota Business Corporation Act
  5. Assets of direct or indirect consolidated subsidiary considered assets of parent corporation.

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47-1A-1202.6. Assets of direct or indirect consolidated subsidiary considered assets of parent corporation.

The assets of a direct or indirect consolidated subsidiary shall be deemed the assets of the parent corporation for the purposes of §§47-1A-1202 to 47-1A-1202.6, inclusive.

Source: SL 2005, ch 239, §279.


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