South Dakota Statutes
§ 47-9A-17 — Additional information for qualification as family or authorized farm corporation.
South Dakota § 47-9A-17
This text of South Dakota § 47-9A-17 (Additional information for qualification as family or authorized farm corporation.) 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 § 47-9A-17 (2026).
Text
The report of a corporation seeking to qualify hereunder as a family farm corporation or an authorized farm corporation shall contain, in addition:
(1)The number of shares owned by persons residing on the farm or actively engaged in farming, or their relatives within the third degree of kindred;
(2)The name, address, and number of shares owned by each shareholder; and (3) A statement as to percentage of gross receipts of the corporation derived from rent, royalties, dividends, interest, and annuities.
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Legislative History
SL 1974, ch 294, § 5.
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Repealed§ 47-1-3
Repealed§ 47-10-1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 § 47-9A-17, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-9A-17.