S.D. Codified Laws § 47-1A-1602.1

Current through the 2024 Legislative Session

Section 47-1A-1602.1 - Shareholder right to inspect and copy specified records-Prerequisites in section 47-1A-1602.2

A shareholder of a corporation is entitled to inspect and copy, during regular business hours at a reasonable location specified by the corporation, any of the following records of the corporation if the shareholder meets the requirements of § 47-1A-1602.2 and gives the corporation written notice of that demand at least five business days before the date on which the shareholder wishes to inspect and copy:

(1) Excerpts from minutes of any meeting of the board of directors, records of any action of a committee of the board of directors while acting in place of the board of directors on behalf of the corporation, minutes of any meeting of the shareholders, and records of action taken by the shareholders or board of directors without a meeting, to the extent not subject to inspection under § 47-1A-1602;

(2) Accounting records of the corporation; and

(3) The record of shareholders.

SDCL 47-1A-1602.1

SL 2005, ch 239, §374.