S.D. Codified Laws § 47-1A-727

Current through the 2024 Legislative Session
Section 47-1A-727 - Greater quorum or voting requirements

The articles of incorporation may provide for a greater quorum or voting requirement for shareholders, or voting groups of shareholders, than is provided for by this chapter. An amendment to the articles of incorporation that adds, changes, or deletes a greater quorum or voting requirement shall meet the same quorum requirement and shall be adopted by the same vote and voting groups required to take action under the quorum and voting requirements then in effect or proposed to be adopted, whichever is greater.

SDCL 47-1A-727

SL 2005, ch 239, §110.