S.D. Codified Laws § 49-30-23

Current through the 2024 Legislative Session

Section 49-30-23 - Transfer of stock-Stock deemed personal property

The stock of every corporation organized under this chapter is deemed personal estate, and is transferable in the manner prescribed in its bylaws, subject to the provisions of §§ 57A-8-301 to 57A-8-307, inclusive, and §§ 57A-8-401 to 57A-8-407, inclusive, but no share is transferable until all previous calls have been fully paid in.

SDCL 49-30-23

SDC 1939, § 52.1308; SL 2021, ch 200, §1.

Amended by S.L. 2021, ch. 200,s. 1, eff. 7/1/2021.