{"data":{"id":"us-sd/sdcl-47-1a-745","jurisdiction":"us-sd","citation":"SDCL § 47-1A-745","heading":"Discontinuance or settlement.","body":"A derivative proceeding may not be discontinued or settled without the court's approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the corporation's shareholders or a class of shareholders, the court shall direct that notice be given to the shareholders affected.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-1A-745","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"6199dc1f5e53bd89759fef87b563dd7f7025a17108f767f5b5dbe7e4cbbdbd9c","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-1a-744.5","next":"us-sd/sdcl-47-1a-746"},"notice":"GroundRules: Original legal text. Not legal advice."}