S.D. Codified Laws § 47-1A-744.5

Current through the 2024 Legislative Session
Section 47-1A-744.5 - Appointment of panel to make determination-Burden of proof

The court may appoint a panel of one or more independent persons upon motion by the corporation to make a determination whether the maintenance of the derivative proceeding is in the best interests of the corporation. In such case, the plaintiff has the burden of proving that the requirements of § 47-1A-744 have not been met.

SDCL 47-1A-744.5

SL 2005, ch 239, §132.