S.D. Codified Laws § 47-1A-1604.2
This is the official text of S.D. Codified Laws § 47-1A-1604.2, part of South Dakota’s Codified Laws — part of the compiled statutory law of South Dakota, published by the state as "Codified Laws." Browse the sections below, each linked to its official government source.
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Court-ordered inspection--Order to pays costs--Restrictions on use or distribution of records
Official statutory text
If the court orders inspection and copying of the records demanded, the court shall also order the corporation to pay the shareholder's costs, including reasonable counsel fees, incurred to obtain the order unless the corporation proves that it refused inspection in good faith because it had a reasonable basis for doubt about the right of the shareholder to inspect the records demanded.
If the court orders inspection and copying of the records demanded, the court may impose reasonable restrictions on the use or distribution of the records by the demanding shareholder.
Source: SL 2005, ch 239, § 380.
If the court orders inspection and copying of the records demanded, the court may impose reasonable restrictions on the use or distribution of the records by the demanding shareholder.
Source: SL 2005, ch 239, § 380.
Status: in_force · Read it on the official government site
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