Section 47-1A-1434.5 - Dismissal of petition to dissolve corporation. - South Dakota Statutes

47-1A-1434.5. Dismissal of petition to dissolve corporation. Upon entry of an order under § 47-1A-1434.2 or 47-1A-1434.4, the court shall dismiss the petition to dissolve the corporation under § 47-1A-1430, and the petitioning shareholder no longer has any rights or status as a shareholder of the corporation, except the right to receive the amounts awarded by the order of the court which shall be enforceable in the same manner as any other judgment.

Source: SL 2005, ch 239, § 343.