S.D. Codified Laws § 47-1A-1325.2

Payment for shares upon shareholder acceptance of offer in notice

Last amended: 2005Year: 2025Length: 51 wordsOfficial source
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. Source: SL 2005, ch 239, § 297.
S.D. Codified Laws § 47-1A-1325.2: Payment for shares upon shareholder acceptance of offer in notice | Justis AI