Incorporators or subscribers for shares may act as shareholders with respect to an agreement authorized by § 47-1A-732 if no shares have been issued when the agreement is made. Source: SL 2005, ch 239 , § 122.
SDCL § 47-1A-732.6 — under SOUTH DAKOTA BUSINESS CORPORATION ACT.
SDCL § 47-1A-732.6
Incorporators or subscribers for shares may act as shareholders with respect to an agreement authorized by § 47-1A-732 if no shares have been issued when the agreement is made. Source: SL 2005, ch 239 , § 122.