Appraisal notice and form--Delivery to shareholders

SDCL § 47-1A-1322, under SOUTH DAKOTA BUSINESS CORPORATION ACT.

SDCL § 47-1A-1322

If proposed corporate action requiring appraisal rights under § 47-1A-1302 becomes effective, the corporation must deliver a written appraisal notice and form required by subdivision 47-1A-1322.1 (1) to all shareholders who satisfied the requirements of § 47-1A-1321 . In the case of a merger under §§ 47-1A-1105 to 47-1A-1105.2 , inclusive, the parent shall deliver a written appraisal notice and form to all record shareholders who may be entitled to assert appraisal rights. Source: SL 2005, ch 239 , § 289.