South Dakota Statutes
§ 47-13B-6 — Disposition of shares held by person no longer qualified.
South Dakota § 47-13B-6
JurisdictionSouth Dakota
Title 47CORPORATIONS
Ch. 47-12PROFESSIONAL CORPORATIONS FOR THE PRACTICE OF PUBLIC ACCOUNTING
This text of South Dakota § 47-13B-6 (Disposition of shares held by person no longer qualified.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 47-13B-6 (2026).
Text
Provisions shall be made requiring any shareholder who ceases to be eligible to be a shareholder to dispose of all his shares forthwith, either to the corporation or to any person having the qualifications prescribed in § 47-13B-5 .
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Legislative History
SL 1971, ch 260, § 1 (5).
Nearby Sections
15
§ 47-1-1
Repealed§ 47-1-3
Repealed§ 47-10-1
Purposes of corporations.§ 47-10-10
Incorporators.§ 47-10-11
Directors--Number and term of office.§ 47-10-13
Accumulation of surplus--Use of surplus.§ 47-10-14
Persons authorized to hold common stock.§ 47-10-18
Nonstockholder members--Duty to lend.§ 47-10-2
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Bluebook (online)
South Dakota § 47-13B-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-13B-6.