§ 47-1A-1602.2 Prerequisites to shareholder right to inspect and copy records specified in § 47-1A-1602.1.

SD Codified L § 47-1A-1602.2 (2019) (N/A)
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47-1A-1602.2. Prerequisites to shareholder right to inspect and copy records specified in § 47-1A-1602.1. A shareholder may inspect and copy the records described in § 47-1A-1602.1 only if:

(1) Demand is made in good faith and for a proper purpose;

(2) The shareholder describes with reasonable particularity the purpose and the records the shareholder desires to inspect; and

(3) The records are directly connected with the purpose.Source: SL 2005, ch 239, § 375.