S.D. Codified Laws § 47-11E-6

Current through the 2024 Legislative Session
Section 47-11E-6 - Ineligible shareholder to dispose of shares

Provisions shall be made requiring any shareholder who ceases to be eligible to be a shareholder to dispose of all shares forthwith either to the corporation or to any person having the qualifications prescribed in § 47-11E-5.

SDCL 47-11E-6

SL 1996, ch 228, § 6.