Statutes, codes, and regulations
South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 1A - SOUTH DAKOTA BUSINESS CORPORATION ACT
Section 47-1A-1325.3 - Payment for shares of amount offered in notice to specified shareholders

S.D. Codified Laws § 47-1A-1325.3

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Current through the 2024 Legislative Session
Section 47-1A-1325.3 - Payment for shares of amount offered in notice to specified shareholders

Within forty days after sending the notice described in § 47-1A-1325.1, the corporation must pay in cash the amount it offered to pay under subdivision 47-1A-1325.1(2) to each shareholder described in subdivision 47-1A-1325.1(5).

SDCL 47-1A-1325.3

SL 2005, ch 239, §298.