Section 47-1A-1325.2 - Payment for shares upon shareholder acceptance of offer in notice. - South Dakota Statutes

47-1A-1325.2. Payment for shares upon shareholder acceptance of offer in notice. Within ten days after receiving the shareholder's acceptance pursuant to § 47-1A-1325.1, the corporation must pay in cash the amount it offered under subdivision 47-1A-1325.1(2) to each shareholder who agreed to accept the corporation's offer in full satisfaction of the shareholder's demand.

Source: SL 2005, ch 239, § 297.