South Dakota Statutes
§ 47-1A-721.2 — Voting entitlement of redeemable shares.
South Dakota § 47-1A-721.2
This text of South Dakota § 47-1A-721.2 (Voting entitlement of redeemable shares.) 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-721.2 (2026).
Text
Redeemable shares are not entitled to vote after notice of redemption is mailed to the holders and a sum sufficient to redeem the shares has been deposited with a bank, trust company, or other financial institution under an irrevocable obligation to pay the holders the redemption price on surrender of the shares.
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Legislative History
SL 2005, ch 239, § 98.
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Repealed§ 47-1-3
Repealed§ 47-10-1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-721.2, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-1A-721.2.