S.D. Codified Laws § 47-1A-601.1
This is the official text of S.D. Codified Laws § 47-1A-601.1, 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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Classes or series of shares articles of incorporation required to authorize
Official statutory text
The articles of incorporation shall authorize:
(1) One or more classes or series of shares that together have unlimited voting rights; and
(2) One or more classes or series of shares, which may be the same class or classes as those with voting rights, that together are entitled to receive the net assets of the corporation upon dissolution.
Source: SL 2005, ch 239, § 54.
(1) One or more classes or series of shares that together have unlimited voting rights; and
(2) One or more classes or series of shares, which may be the same class or classes as those with voting rights, that together are entitled to receive the net assets of the corporation upon dissolution.
Source: SL 2005, ch 239, § 54.
Status: in_force · Read it on the official government site
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