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2018 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 01A - South Dakota Business Corporation Act
§ 47-1A-1303.1 Assertion of appraisal rights of beneficial shareholderSUBPART B. PROCEDURE FOR EXERCISE OF APPRAISAL RIGHTS.
Universal Citation: SD Codified L § 47-1A-1303.1 (2018)
47-1A-1303.1. Assertion of appraisal rights of beneficial shareholder. A beneficial shareholder may assert appraisal rights as to shares of any class or series held on behalf of the shareholder only if such shareholder:
(1) Submits to the corporation the record shareholder's written consent to the assertion of such rights no later than the date referred to in subsection 47-1A-1322.1(2)(b); and
(2) Does so with respect to all shares of the class or series that are beneficially owned by the beneficial shareholder.
Source: SL 2005, ch 239, ยง 286.
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