S.D. Codified Laws § 47-1A-1434.3

Current through the 2024 Legislative Session
Section 47-1A-1434.3 - Court determination of fair value of shares when parties unable to reach agreement

If the parties are unable to reach an agreement as provided for in § 47-1A-1434.2, the court, upon application of any party, shall stay the proceedings under subdivision 47-1A-1430(2) and determine the fair value of the petitioner's shares as of the day before the date on which the petition under subdivision 47-1A-1430(2) was filed or as of such other date as the court deems appropriate under the circumstances.

SDCL 47-1A-1434.3

SL 2005, ch 239, §341.