47-33 SOUTH DAKOTA DOMESTIC PUBLIC CORPORATION TAKEOVER ACT
SOUTH DAKOTA DOMESTIC PUBLIC CORPORATION TAKEOVER ACT
Citation of chapter.
Declaration of public policy.
Definition of terms.
Factors considered by board in discharging duties.
Creation of shares--Rights and options.
Right to sue.
Conflicting provisions of law.
Control share acquisition--Voting rights.
Information statement by control share acquisitioner--Controls.
Request for special meeting by acquiring person--Consideration of voting rights.
Notice of special shareholders meeting.
Voting rights of shares acquired in control share acquisition.
Redemption of shares in absence of information statement or negative vote by
Right to demand fair value of voting shares--Notice of right of demand.
Written demand for fair value of shares--Remittance by acquiring person--Court settlement
after sixty days--Court procedure--Costs.
Application of chapter to acquiring person--Application to non-public domestic
Business combinations between corporation and interested shareholder.
Required conditions for business combination--Aggregate amount of cash and marked
Conditions making § 47-33-17 inapplicable--Effect of corporation changes after