South Dakota Statutes
§ 47-1A-1325.2 — Payment for shares upon shareholder acceptance of offer in notice.
South Dakota § 47-1A-1325.2
This text of South Dakota § 47-1A-1325.2 (Payment for shares upon shareholder acceptance of offer in notice.) 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-1325.2 (2026).
Text
Within ten days after receiving the shareholder's acceptance pursuant to § 47-1A-1325.1 , the corporation must pay in cash the amount it offered under subdivision 47-1A-1325.1 (2) to each shareholder who agreed to accept the corporation's offer in full satisfaction of the shareholder's demand.
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Legislative History
SL 2005, ch 239, § 297.
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Repealed§ 47-1-3
Repealed§ 47-10-1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 § 47-1A-1325.2, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-1A-1325.2.