There is a newer version of the South Dakota Codified Laws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-1434.3 Court determination of fair value of shares when parties unable to reach agreement.
SD Codified L § 47-1A-1434.3 (through 2011) What's This?
47-1A-1434.3. Court determination of fair value of shares when parties unable to reach agreement. If the parties are unable to reach an agreement as provided for in § 47-1A-1434.2, the court, upon application of any party, shall stay the proceedings under subdivision 47-1A-1430(2) and determine the fair value of the petitioner's shares as of the day before the date on which the petition under subdivision 47-1A-1430(2) was filed or as of such other date as the court deems appropriate under the circumstances.
Source: SL 2005, ch 239, § 341.
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