Statutes, codes, and regulations
South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 13B - PROFESSIONAL CORPORATIONS FOR THE PRACTICE OF PUBLIC ACCOUNTING
Section 47-13B-6 - Disposition of shares held by person no longer qualified

S.D. Codified Laws § 47-13B-6

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Current through the 2024 Legislative Session
Section 47-13B-6 - Disposition of shares held by person no longer qualified

Provisions shall be made requiring any shareholder who ceases to be eligible to be a shareholder to dispose of all his shares forthwith, either to the corporation or to any person having the qualifications prescribed in § 47-13B-5.

SDCL 47-13B-6

SL 1971, ch 260, § 1 (5).