South Dakota Statutes

§ 47-1A-740 — Subpart definitions.

South Dakota § 47-1A-740
JurisdictionSouth Dakota
Title 47CORPORATIONS
Ch. 47-1SOUTH DAKOTA BUSINESS CORPORATION ACT

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
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Bluebook (online)
South Dakota § 47-1A-740, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-1A-740.