S.D. Codified Laws § 47-1A-625.1
This is the official text of S.D. Codified Laws § 47-1A-625.1, 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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Certificate requirements when corporation authorized to issue different classes of shares or different series within a class
Official statutory text
If the issuing corporation is authorized to issue different classes of shares or different series within a class, the designations, relative rights, preferences, and limitations applicable to each class and the variations in rights, preferences, and limitations determined for each series, and the authority of the board of directors to determine variations for future series, shall be summarized on the front or back of each certificate. Alternatively, each certificate may state conspicuously on its front or back that the corporation will furnish the shareholder this information on request in writing and without charge.
Source: SL 2005, ch 239, § 71.
Source: SL 2005, ch 239, § 71.
Status: in_force · Read it on the official government site
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