SDCL § 47-1A-1434.3: Court determination of fair value of shares when parties unable to reach agreement.
Where this section sits in the code
- TITLE 47. CORPORATIONS
- CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT
If the parties are unable to reach an agreement as provided for in § 47-1A-1434.2, the court, upon application of any party, shall stay the proceedings under subdivision 47-1A-1430(2) and determine the fair value of the petitioner's shares as of the day before the date on which the petition under subdivision 47-1A-1430(2) was filed or as of such other date as the court deems appropriate under the circumstances.
Collected 2026-09-03T15:18:57Z. Source file · JSON