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

SDCL § 47-1A-1202.3: Votes required for approval of disposition.

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Where this section sits in the code
  1. TITLE 47. CORPORATIONS
  2. CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT

Unless the articles of incorporation or the board of directors acting pursuant to § 47-1A-1202.1 requires a greater vote, or a greater number of votes to be present, the approval of a disposition by the shareholders shall require the approval of the shareholders at a meeting at which a quorum consisting of at least a majority of the votes entitled to be cast on the disposition exists.

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

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