There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 47 CORPORATIONS
Chapter 01A. South Dakota Business Corporation Act
§47-1A-601.1 Classes or series of shares articles of incorporation required to authorize.
SD Codified L § 47-1A-601.1 (through 2011) What's This?
47-1A-601.1. Classes or series of shares articles of incorporation required to authorize. The articles of incorporation shall authorize:
(1) One or more classes or series of shares that together have unlimited voting rights; and
(2) One or more classes or series of shares, which may be the same class or classes as those with voting rights, that together are entitled to receive the net assets of the corporation upon dissolution.
Source: SL 2005, ch 239, § 54.
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