S.D. Codified Laws § 47-1A-804
This is the official text of S.D. Codified Laws § 47-1A-804, 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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Election of directors by certain classes of shareholders
Official statutory text
If the articles of incorporation authorize dividing the shares into classes, the articles may also authorize the election of all or a specified number of directors by the holders of one or more authorized classes of shares. A class of shares entitled to elect one or more directors is a separate voting group for purposes of the election of directors.
Source: SL 2005, ch 239, § 139.
Source: SL 2005, ch 239, § 139.
Status: in_force · Read it on the official government site
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