SDCL § 47-1A-744.4: Burden of proof dependent on whether or not board consists of independent directors.
Where this section sits in the code
- TITLE 47. CORPORATIONS
- CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT
If a majority of the board of directors does not consist of independent directors at the time the determination is made, the corporation shall have the burden of proving that the requirements of § 47-1A-744 have been met. If a majority of the board of directors consists of independent directors at the time the determination is made, the plaintiff has the burden of proving that the requirements of § 47-1A-744 have not been met.
Collected 2026-09-03T15:18:57Z. Source file · JSON