S.D. Codified Laws § 47-1A-744.5

Appointment of panel to make determination--Burden of proof

Last amended: 2005Year: 2025Length: 63 wordsOfficial source
The court may appoint a panel of one or more independent persons upon motion by the corporation to make a determination whether the maintenance of the derivative proceeding is in the best interests of the corporation. In such case, the plaintiff has the burden of proving that the requirements of § 47-1A-744 have not been met. Source: SL 2005, ch 239, § 132.
S.D. Codified Laws § 47-1A-744.5: Appointment of panel to make determination--Burden of proof | Justis AI