{"data":{"id":"us-sd/sdcl-47-1a-707","jurisdiction":"us-sd","citation":"SDCL § 47-1A-707","heading":"Record date.","body":"The bylaws may fix or provide the manner of fixing the record date for one or more voting groups in order to determine the shareholders entitled to notice of a shareholders' meeting, to demand a special meeting, to vote, or to take any other action. If the bylaws do not fix or provide for fixing a record date, the board of directors of the corporation may fix a future date as the record date. A record date fixed under this section may not be more than seventy days before the meeting or action requiring a determination of shareholders. A determination of shareholders entitled to notice of or to vote at a shareholders' meeting is effective for any adjournment of the meeting unless the board of directors fixes a new record date, which it must do if the meeting is adjourned to a date more than one hundred twenty days after the date fixed for the original meeting.\nIf a court orders a meeting adjourned to a date more than one hundred twenty days after the date fixed for the original meeting, it may provide that the original record date continues in effect or it may fix a new record date.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-1A-707","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"d7afd2a835affaa4dc4f8a095326f47e8bc0244a64324805f5ab5f5f91c9a638","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-1a-706","next":"us-sd/sdcl-47-1a-708"},"notice":"GroundRules: Original legal text. Not legal advice."}