There Is a Newer Version
of
this Section
2021 South Dakota Codified Laws
Title 47 - Corporations
Chapter 01A - South Dakota Business Corporation Act
Section 47-1A-1303.1 - Assertion of appraisal rights of beneficial shareholder.
Universal Citation:
SD Codified L § 47-1A-1303.1 (2021)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
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, ยง286.
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
