S.D. Codified Laws § 47-1A-1303.1

Current through the 2024 Legislative Session

Section 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.

SDCL 47-1A-1303.1

SL 2005, ch 239, §286.