State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-22 > Statute-47-22-68-8

47-22-68.8. Judicial determination that required restrictions would be contrary to charter. Sections 47-22-68.2 to 47-22-68.7, inclusive, shall not apply to any corporation to the extent that a court of competent jurisdiction shall determine that such application would be contrary to the terms of any instrument described in § 47-22-68.2 and that such instrument may not properly be changed to conform to §§ 47-22-68.2 to 47-22-68.7, inclusive.

Source: SL 1972, ch 244, § 3.

State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-22 > Statute-47-22-68-8

47-22-68.8. Judicial determination that required restrictions would be contrary to charter. Sections 47-22-68.2 to 47-22-68.7, inclusive, shall not apply to any corporation to the extent that a court of competent jurisdiction shall determine that such application would be contrary to the terms of any instrument described in § 47-22-68.2 and that such instrument may not properly be changed to conform to §§ 47-22-68.2 to 47-22-68.7, inclusive.

Source: SL 1972, ch 244, § 3.