South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 47-16-33: Liability on securities wrongfully transferred--Notice.

Where this section sits in the code

TITLE 47. CORPORATIONS
CHAPTER 47-16. COOPERATIVES--MEMBERSHIP, STOCK AND DISTRIBUTIONS

A cooperative is not liable for acting upon wrongful transfers of its securities unless it has notice that the certificate was not transferred by a proper person or has notice that the transfer was wrongful.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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