South Dakota § 49-33-22 Increase in capital stock and amendment of articles of incorporation--Majority vote or greater required.

South Dakota Statutes

§ 49-33-22 — Increase in capital stock and amendment of articles of incorporation--Majority vote or greater required.

South Dakota § 49-33-22

Title 49PUBLIC UTILITIES AND CARRIERS

Ch. 49-32AELECTRIC, STREET RAILWAY AND GAS CORPORATIONS

This text of South Dakota § 49-33-22 (Increase in capital stock and amendment of articles of incorporation--Majority vote or greater required.) 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 § 49-33-22 (2026).

Text

The capital stock of any corporation organized under this chapter may be increased to such an amount as may, by its stockholders, be deemed necessary, and the articles of incorporation may be amended by the vote of the owners of a majority of its capital stock, or such greater proportions of the shares of capital stock, or of any class or series thereof, as provided in the corporation's articles of incorporation, at any annual meeting or at any special meeting called for that purpose.

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The capital stock of any corporation organized under this chapter may be increased to such an amount as may, by its stockholders, be deemed necessary, and the articles of incorporation may be amended by the vote of the owners of a majority of its capital stock, or such greater proportions of the shares of capital stock, or of any class or series thereof, as provided in the corporation's articles of incorporation, at any annual meeting or at any special meeting called for that purpose.