S.D. Codified Laws § 47-1A-740
This is the official text of S.D. Codified Laws § 47-1A-740, 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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Subpart definitions
Official statutory text
Terms used in §§ 47-1A-741 to 47-1A-747 , inclusive, mean:
(1) "Derivative proceeding," a civil suit in the right of a domestic corporation or, to the extent provided in § 47-1A-747 , in the right of a foreign corporation;
(2) "Shareholder," includes a beneficial owner whose shares are held in a voting trust or held by a nominee on the beneficial owner's behalf.
Source: SL 2005, ch 239, § 123.
(1) "Derivative proceeding," a civil suit in the right of a domestic corporation or, to the extent provided in § 47-1A-747 , in the right of a foreign corporation;
(2) "Shareholder," includes a beneficial owner whose shares are held in a voting trust or held by a nominee on the beneficial owner's behalf.
Source: SL 2005, ch 239, § 123.
Status: in_force · Read it on the official government site
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