South Dakota Statutes
§ 47-1A-722.4 — Transferee for value of shares subject to irrevocable appointment of proxy--Revocation.
South Dakota § 47-1A-722.4
This text of South Dakota § 47-1A-722.4 (Transferee for value of shares subject to irrevocable appointment of proxy--Revocation.) 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-722.4 (2026).
Text
A transferee for value of shares subject to an irrevocable appointment may revoke the appointment if the transferee did not know of its existence when the transferee acquired the shares and the existence of the irrevocable appointment was not noted conspicuously on the certificate representing the shares or on the information statement for shares without certificates.
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Legislative History
SL 2005, ch 239, § 103.
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Repealed§ 47-1-3
Repealed§ 47-10-1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-722.4, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-1A-722.4.