South Dakota Statutes

§ 47-1A-724 — Corporation's acceptance of votes.

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

If the name signed on a vote, consent, waiver, or proxy appointment corresponds to the name of a shareholder, the corporation if acting in good faith is entitled to accept the vote, consent, waiver, or proxy appointment and give it effect as the act of the shareholder. If the name signed on a vote, consent, waiver, or proxy appointment does not correspond to the name of its shareholder, the corporation if acting in good faith is nevertheless entitled to accept the vote, consent, waiver, or proxy appointment and give it effect as the act of the shareholder if:

(1)The shareholder is an entity and the name signed purports to be that of an officer or agent of the entity;
(2)The name signed purports to be that of a personal representative, guardian, or conservator representing the share

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

South Dakota § 47-1A-724 (Corporation's acceptance of votes.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 2005, ch 239, § 106.

Nearby Sections

15
View on official source ↗