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Ineligible shareholder to dispose of shares.

SDCL § 47-11E-6
in effect
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47-11E-6. Ineligible shareholder to dispose of shares. Provisions shall be made requiring any shareholder who ceases to be eligible to be a shareholder to dispose of all shares forthwith either to the corporation or to any person having the qualifications prescribed in § 47-11E-5. SL 1996, ch 228, § 6.
Source: South Dakota Legislature (sdlegislature.gov)URL: https://sdlegislature.gov/Statutes/47-11E-6Fetched: 10/20/2026

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