§ 47-1A-721.2 Voting entitlement of redeemable shares.

SD Codified L § 47-1A-721.2 (2019) (N/A)
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47-1A-721.2. Voting entitlement of redeemable shares. Redeemable shares are not entitled to vote after notice of redemption is mailed to the holders and a sum sufficient to redeem the shares has been deposited with a bank, trust company, or other financial institution under an irrevocable obligation to pay the holders the redemption price on surrender of the shares.

Source: SL 2005, ch 239, § 98.