S.D. Codified Laws § 47-16-26

Current through the 2024 Legislative Session

Section 47-16-26 - Stockholders' preemptive rights

Stockholders of a cooperative as such have no preemptive right to purchase additional stock.

SDCL 47-16-26

SDC 1939, § 11.1118 (5) as enacted by SL 1965, ch 23, § 1.