S.D. Codified Laws § 47-1A-1325.2

Current through the 2024 Legislative Session
Section 47-1A-1325.2 - Payment for shares upon shareholder acceptance of offer in notice

Within ten days after receiving the shareholder's acceptance pursuant to § 47-1A-1325.1, the corporation must pay in cash the amount it offered under subdivision 47-1A-1325.1(2) to each shareholder who agreed to accept the corporation's offer in full satisfaction of the shareholder's demand.

SDCL 47-1A-1325.2

SL 2005, ch 239, §297.