{"data":{"id":"us-sd/sdcl-47-1a-602.1","jurisdiction":"us-sd","citation":"SDCL § 47-1A-602.1","heading":"Terms of class or series determined by board of directors.","body":"If the board of directors acts pursuant to § 47-1A-602, the board shall determine the terms, including the preferences, rights, and limitations, to the same extent permitted under §§ 47-1A-601 to 47-1A-601.2, inclusive, of:\n(1) Any class of shares before the issuance of any shares of that class; or\n(2) Any series within a class before the issuance of any shares of that series.\nBefore issuing any shares of a class or series created under § 47-1A-602, the corporation shall deliver to the Office of the Secretary of State for filing articles of amendment setting forth the terms determined under this section.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-1A-602.1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"f0ca92aea51a778635b817fe4a147ca6a59eef2ec30b1ba6eb0aec2c5decb89c","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-1a-602","next":"us-sd/sdcl-47-1a-603"},"notice":"GroundRules: Original legal text. Not legal advice."}
