Votes required for approval of disposition.
SDCL § 47-1A-1202.3
in effect47-1A-1202.3. Votes required for approval of disposition.
Unless the articles of incorporation or the board of directors acting pursuant to § 47-1A-1202.1 requires a greater vote, or a greater number of votes to be present, the approval of a disposition by the shareholders shall require the approval of the shareholders at a meeting at which a quorum consisting of at least a majority of the votes entitled to be cast on the disposition exists.
SL 2005, ch 239, § 276.
Source: South Dakota Legislature (sdlegislature.gov)URL: https://sdlegislature.gov/Statutes/47-1A-1202.3Fetched: 10/20/2026
