There is a newer version of the South Dakota Codified Laws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-721.2 Voting entitlement of redeemable shares.
SD Codified L § 47-1A-721.2 (through 2011) What's This?
47-1A-721.2. Voting entitlement of redeemable shares. Redeemable shares are not entitled to vote after notice of redemption is mailed to the holders and a sum sufficient to redeem the shares has been deposited with a bank, trust company, or other financial institution under an irrevocable obligation to pay the holders the redemption price on surrender of the shares.
Source: SL 2005, ch 239, § 98.
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