South Dakota Statutes
§ 47-1A-740 — Subpart definitions.
South Dakota § 47-1A-740
This text of South Dakota § 47-1A-740 (Subpart definitions.) 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-740 (2026).
Text
Terms used in §§ 47-1A-741 to 47-1A-747 , inclusive, mean:
(1)"Derivative proceeding," a civil suit in the right of a domestic corporation or, to the extent provided in § 47-1A-747 , in the right of a foreign corporation;
(2)"Shareholder," includes a beneficial owner whose shares are held in a voting trust or held by a nominee on the beneficial owner's behalf.
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Legislative History
SL 2005, ch 239, § 123.
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Repealed§ 47-1-3
Repealed§ 47-10-1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-740, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-1A-740.