{"data":{"id":"us-sd/sdcl-47-1a-744","jurisdiction":"us-sd","citation":"SDCL § 47-1A-744","heading":"Dismissal upon determination that maintenance of proceeding not in best interests of corporation.","body":"A derivative proceeding shall be dismissed by the court on motion by the corporation if one of the groups specified in §§ 47-1A-744.1 or 47-1A-744.5 has determined in good faith after conducting a reasonable inquiry upon which its conclusions are based that the maintenance of the derivative proceeding is not in the best interests of the corporation.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-1A-744","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"c004d4d46ba9e975a1c3c534465da740b5ff74853dfe898a66267a9d65dfd750","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-1a-743","next":"us-sd/sdcl-47-1a-744.1"},"notice":"GroundRules: Original legal text. Not legal advice."}