South Dakota Codified Laws 47-1A-1402.2. Meeting of shareholders to consider dissolving corporation–Notice
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The corporation shall notify each shareholder, whether or not entitled to vote, of the proposed shareholders’ meeting. The notice must also state that the purpose, or one of the purposes, of the meeting is to consider dissolving the corporation.
Terms Used In South Dakota Codified Laws 47-1A-1402.2
- 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, § 311.