SDCL § 47-1A-1434.5: Dismissal of petition to dissolve corporation.
Where this section sits in the code
- TITLE 47. CORPORATIONS
- CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT
Upon entry of an order under § 47-1A-1434.2 or 47-1A-1434.4, the court shall dismiss the petition to dissolve the corporation under § 47-1A-1430, and the petitioning shareholder no longer has any rights or status as a shareholder of the corporation, except the right to receive the amounts awarded by the order of the court which shall be enforceable in the same manner as any other judgment.
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