State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-11e > Statute-47-11e-6

47-11E-6. Ineligible shareholder to dispose of shares. Provisions shall be made requiring any shareholder who ceases to be eligible to be a shareholder to dispose of all shares forthwith either to the corporation or to any person having the qualifications prescribed in § 47-11E-5.

Source: SL 1996, ch 228, § 6.

State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-11e > Statute-47-11e-6

47-11E-6. Ineligible shareholder to dispose of shares. Provisions shall be made requiring any shareholder who ceases to be eligible to be a shareholder to dispose of all shares forthwith either to the corporation or to any person having the qualifications prescribed in § 47-11E-5.

Source: SL 1996, ch 228, § 6.