Payment for shares of amount offered in notice to specified shareholders

SDCL § 47-1A-1325.3 — under SOUTH DAKOTA BUSINESS CORPORATION ACT.

SDCL § 47-1A-1325.3

Within forty days after sending the notice described in § 47-1A-1325.1 , the corporation must pay in cash the amount it offered to pay under subdivision 47-1A-1325.1 (2) to each shareholder described in subdivision 47-1A-1325.1 (5). Source: SL 2005, ch 239 , § 298.