South Dakota Statutes
§ 47-1A-863.1 — Quorum of qualified shareholders.
South Dakota § 47-1A-863.1
This text of South Dakota § 47-1A-863.1 (Quorum of qualified shareholders.) 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-863.1 (2026).
Text
A majority of the votes entitled to be cast by the holders of all qualified shares constitutes a quorum for purposes of action that complies with § 47-1A-863 . Subject to the provisions of §§ 47-1A-863.2 and 47-1A-863.3 , shareholders' action that otherwise complies with § 47-1A-863 is not affected by the presence of holders, or the voting, of shares that are not qualified shares.
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Legislative History
SL 2005, ch 239, § 191.
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Repealed§ 47-1-3
Repealed§ 47-10-1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-863.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-1A-863.1.