§ 47-1A-1303.1 Assertion of appraisal rights of beneficial shareholderSUBPART B. PROCEDURE FOR EXERCISE OF APPRAISAL RIGHTS.

SD Codified L § 47-1A-1303.1 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

47-1A-1303.1. Assertion of appraisal rights of beneficial shareholder. A beneficial shareholder may assert appraisal rights as to shares of any class or series held on behalf of the shareholder only if such shareholder:

(1) Submits to the corporation the record shareholder's written consent to the assertion of such rights no later than the date referred to in subsection 47-1A-1322.1(2)(b); and

(2) Does so with respect to all shares of the class or series that are beneficially owned by the beneficial shareholder.Source: SL 2005, ch 239, § 286.