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2019 South Dakota Codified Laws
Title 47 - Corporations
Chapter 01A - South Dakota Business Corporation Act
§ 47-1A-1402.3 Votes required for adoption of proposal to dissolve.
Universal Citation: SD Codified L § 47-1A-1402.3 (2019)
47-1A-1402.3. Votes required for adoption of proposal to dissolve. Unless the articles of incorporation or the board of directors acting pursuant to § 47-1A-1402.1 require a greater vote, a greater number of shares to be present, or a vote by voting groups, adoption of the proposal to dissolve shall require the approval of the shareholders at a meeting at which a quorum consisting of at least a majority of the votes entitled to be cast exists.
Source: SL 2005, ch 239, § 312.
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