South Dakota § 47-1A-1322 Appraisal notice and form--Delivery to shareholders.

South Dakota Statutes

§ 47-1A-1322 — Appraisal notice and form--Delivery to shareholders.

South Dakota·Title 47 CORPORATIONS·Ch. 47-1 SOUTH DAKOTA BUSINESS CORPORATION ACT

If proposed corporate action requiring appraisal rights under § 47-1A-1302 becomes effective, the corporation must deliver a written appraisal notice and form required by subdivision 47-1A-1322.1 (1) to all shareholders who satisfied the requirements of § 47-1A-1321 . In the case of a merger under §§ 47-1A-1105 to 47-1A-1105.2 , inclusive, the parent shall deliver a written appraisal notice and form to all record shareholders who may be entitled to assert appraisal rights.

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If proposed corporate action requiring appraisal rights under § 47-1A-1302 becomes effective, the corporation must deliver a written appraisal notice and form required by subdivision 47-1A-1322.1 (1) to all shareholders who satisfied the requirements of § 47-1A-1321 . In the case of a merger under §§ 47-1A-1105 to 47-1A-1105.2 , inclusive, the parent shall deliver a written appraisal notice and form to all record shareholders who may be entitled to assert appraisal rights.

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