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2022 South Dakota Codified Laws
Title 47 - Corporations
Chapter 33 - South Dakota Domestic Public Corporation Takeover Act
- Section 47-33-1 - Citation of chapter.
- Section 47-33-2 - Declaration of public policy.
- Section 47-33-3 - Definition of terms.
- Section 47-33-4 - Factors considered by board in discharging duties.
- Section 47-33-5 - Creation of shares--Rights and options.
- Section 47-33-6 - Right to sue.
- Section 47-33-7 - Conflicting provisions of law.
- Section 47-33-8 - Control share acquisition--Voting rights.
- Section 47-33-9 - Information statement by control share acquisitioner--Controls.
- Section 47-33-10 - Request for special meeting by acquiring person--Consideration of voting rights.
- Section 47-33-11 - Notice of special shareholders meeting.
- Section 47-33-12 - Voting rights of shares acquired in control share acquisition.
- Section 47-33-13 - Redemption of shares in absence of information statement or negative vote by shareholders.
- Section 47-33-14 - Right to demand fair value of voting shares--Notice of right of demand.
- Section 47-33-15 - Written demand for fair value of shares--Remittance by acquiring person--Court settlement after sixty days--Court procedure--Costs.
- Section 47-33-16 - Application of chapter to acquiring person--Application to non-public domestic corporations.
- Section 47-33-17 - Business combinations between corporation and interested shareholder.
- Section 47-33-18 - Required conditions for business combination--Aggregate amount of cash and marked value--Consideration--Beneficial owners.
- Section 47-33-19 - Conditions making § 47-33-17 inapplicable--Effect of corporation changes after acquisition date.
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