South Dakota § 47-1A-1303.1 Assertion of appraisal rights of beneficial shareholder.

South Dakota Statutes

§ 47-1A-1303.1 — Assertion of appraisal rights of beneficial shareholder.

South Dakota § 47-1A-1303.1

Title 47CORPORATIONS

Ch. 47-1SOUTH DAKOTA BUSINESS CORPORATION ACT

This text of South Dakota § 47-1A-1303.1 (Assertion of appraisal rights of beneficial shareholder.) 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 § 47-1A-1303.1 (2026).

Text

A beneficial shareholder may assert appraisal rights as to shares of any class or series held on behalf of the shareholder only if such shareholder:

(1)Submits to the corporation the record shareholder's written consent to the assertion of such rights no later than the date referred to in subsection 47-1A-1322.1 (2)(b); and (2) Does so with respect to all shares of the class or series that are beneficially owned by the beneficial shareholder.

Free access — add to your briefcase to read the full text and ask questions with AI

A beneficial shareholder may assert appraisal rights as to shares of any class or series held on behalf of the shareholder only if such shareholder: (1) Submits to the corporation the record shareholder's written consent to the assertion of such rights no later than the date referred to in subsection 47-1A-1322.1 (2)(b); and (2) Does so with respect to all shares of the class or series that are beneficially owned by the beneficial shareholder.