SDCL § 47-1A-1303.1: Assertion of appraisal rights of beneficial shareholder.

A beneficial shareholder may assert appraisal rights as to shares of any class or series held on behalf of the shareholder only if such shareholder:

(1) Submits to the corporation the record shareholder's written consent to the assertion of such rights no later than the date referred to in subsection 47-1A-1322.1(2)(b); and

(2) Does so with respect to all shares of the class or series that are beneficially owned by the beneficial shareholder.