{"data":{"id":"us-sd/sdcl-47-1a-740","jurisdiction":"us-sd","citation":"SDCL § 47-1A-740","heading":"Subpart definitions.","body":"Terms used in §§ 47-1A-741 to 47-1A-747, inclusive, mean:\n(1) \"Derivative proceeding,\" a civil suit in the right of a domestic corporation or, to the extent provided in § 47-1A-747, in the right of a foreign corporation;\n(2) \"Shareholder,\" includes a beneficial owner whose shares are held in a voting trust or held by a nominee on the beneficial owner's behalf.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-1A-740","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"9a0c850728ec0eca203f1a93c04bd788a3cb398350a4bf8a7115a0bcbb57cf57","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-1a-732.6","next":"us-sd/sdcl-47-1a-741"},"notice":"GroundRules: Original legal text. Not legal advice."}