S.D. Admin. R. 20:08:07:35

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:08:07:35 - Merger and consolidation

The transactional exemption granted pursuant to SDCL 47-31B-202(18) does not apply if the transaction was made for the purpose of avoiding the registration requirements of SDCL chapter 47-31 B.

S.D. Admin. R. 20:08:07:35

30 SDR 211, effective 7/1/2004.

General Authority: SDCL 47-31B-605(a)(1).

Law Implemented: SDCL 47-31B-202(18).