Lyman County Quitclaim Deed (Corporation Grantor) Form

A corporation cannot hold a pen, and South Dakota's corporation statutes name no officer whose signature moves corporate land. This fillable quitclaim deed is built around that gap: the corporation alone is the Grantor, Section 2 records the name and office of the person signing for it, and the conveyancing sentence states that the signature is the corporation's act, not the signer's own. The instrument follows the standard South Dakota quitclaim pattern of SDCL 43-25-7.

Where a corporation's signing authority actually lives

Chapter 47-1A, the South Dakota Business Corporation Act, scatters the pieces. SDCL 47-1A-302 is the general powers section, and SDCL 47-1A-840 and SDCL 47-1A-841 govern officers and their duties. None of it turns an office into a deed signing office. Authority instead travels from the articles of incorporation and the bylaws through the board's own action, taken at a meeting or by the unanimous director consent SDCL 47-1A-821 treats as equivalent. The land record gets a name, an office, and a recital of that authority. SDCL 47-1A-304 limits how late a challenge arrives: the validity of corporate action may not be attacked on the ground that the corporation lacked power to act, except in three listed proceedings.

When a parcel sale becomes a shareholder question

Board authority carries most conveyances and stops short of one. SDCL 47-1A-1201 lists dispositions calling for no shareholder approval, and SDCL 47-1A-1202 draws the line: a disposition outside that list needs shareholder approval where it would leave the corporation without a significant continuing business activity. Where real estate is the business, the last parcel's sale sits there, and the sequence of SDCL 47-1A-1202.1 through SDCL 47-1A-1202.3 belongs in the minutes before signing.

Interest passes, with the implied covenants shut off

The operative words are the statutory pair, conveys and quitclaims. SDCL 43-25-8 measures them at the date of the conveyance, so the interest held that day passes and title arriving afterward stays behind unless the deed adds words reaching it, which it does not. South Dakota reads two covenants into quitclaim words unless express terms restrict them, one denying an earlier conveyance of the same estate, one denying encumbrances traceable to this grantor. The operative section excludes both in capitals, with any personal covenant of the individual who signs.

One corporate signer, no seal, no spouse

The form recites one corporate Grantor with its name, address, and jurisdiction of incorporation, one signer named with the office held, one signature block with the printed name line SDCL 43-28-23 requires, and one notary certificate holding the representative description. No corporate seal is needed, since under SDCL 43-25-25 a missing seal, the grantor's or an agent's, leaves a grant intact. Homestead concurrence never arises either, because SDCL 43-31-17 speaks to an owner who is married. Patterns presenting this architecture in the South Dakota record include a subsidiary corporation moving a parcel up to its parent, a corporation winding up and conveying land to a stockholder, and a corporation clearing a stale record interest left behind by a merger. An individual signing personally, two record owners, spouses, a trustee, and a limited liability company each print a different configuration, as do a nonprofit corporation and a cooperative, whose authority sits in other chapters of Title 47. Grantees may be one or several, Section 4 receiving a co-ownership designation measured against the tenancy in common default of SDCL 43-2-12.

The corporate exemptions at the recording counter

Thirty dollars covers a deed's first fifty pages under SDCL 7-9-15, and the SDCL 43-4-21 transfer fee is collected before recording unless an exemption applies. Three subdivisions of SDCL 43-4-22 are written for corporate transfers: mergers, consolidations, and reorganization plans moving substantially all assets under (8); a subsidiary corporation conveying to its parent for no or nominal consideration, or for the surrender of its stock, under (9), which the example claims; and a corporation to stockholder transfer needed to effectuate a dissolution under (12). SDCL 43-4-23 has the claim marked on the instrument, which Section 9 receives, and the SDCL 7-9-7 certificate of real estate value crosses the counter as its own filing.

The package holds three files: this quit claim deed as a blank fillable PDF, a completed example on a Davison County conveyance from a South Dakota corporation to its parent, and a plain-language guide to the twelve numbered sections, the corporate authority and notarization mechanics, and the recording package. The materials are informational and are not legal advice.