South Dakota Codified Laws 47-1A-1002. Amendment before issuance of shares
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If a corporation has not yet issued shares, its board of directors, or its incorporators, if it has no board of directors, may adopt one or more amendments to the corporation’s articles of incorporation.
Terms Used In South Dakota Codified Laws 47-1A-1002
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Source: SL 2005, ch 239, § 236.