{"data":{"id":"us-sd/sdcl-47-1a-863.1","jurisdiction":"us-sd","citation":"SDCL § 47-1A-863.1","heading":"Quorum of qualified shareholders.","body":"A majority of the votes entitled to be cast by the holders of all qualified shares constitutes a quorum for purposes of action that complies with § 47-1A-863. Subject to the provisions of §§ 47-1A-863.2 and 47-1A-863.3, shareholders' action that otherwise complies with § 47-1A-863 is not affected by the presence of holders, or the voting, of shares that are not qualified shares.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-1A-863.1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"5c9d065918b587286fc24c0e0f20b433b32d46f1286a017a75f2a2e79949e9b9","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-1a-863","next":"us-sd/sdcl-47-1a-863.2"},"notice":"GroundRules: Original legal text. Not legal advice."}