South Dakota Statutes
§ 47-33-8 — Control share acquisition--Voting rights.
Unless the corporation's articles expressly provide, before the control share acquisition, that §§ to 47-33-16 , inclusive, do not apply to control share acquisitions of shares of the corporation, the shares of a domestic public corporation acquired by an acquiring person in a control share acquisition that exceed the threshold of voting power of any of the ranges specified in subdivision 47-33-9(4) shall have only the voting rights as shall be accorded to them pursuant to § 47-33-12 .
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South Dakota § 47-33-8 (Control share acquisition--Voting rights.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1990, ch 369, § 201.
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Repealed§ 47-1-3
Repealed§ 47-10-1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
Powers of corporations.