South Dakota § 47-1A-1103.3 - Plan of share exchange--Required content.
Full text of South Dakota South Dakota Codified Laws § 47-1A-1103.3 — Plan of share exchange--Required content., with citation guidance and answers to common questions.
§ 47-1A-1103.3. Plan of share exchange--Required content.
The plan of share exchange must include:
(1) The name of each corporation or other entity whose shares or interests will be acquired and the name of the corporation or other entity that will acquire those shares or interests;
(2) The terms and conditions of the share exchange;
(3) The manner and basis of exchanging shares of a corporation or interests in an other entity whose shares or interests will be acquired under the share exchange into shares or other securities, interests, obligations, rights to acquire shares, other securities, or interests, cash, other property, or any combination of the foregoing; and
(4) Any other provisions required by the laws under which any party to the share exchange is organized or by the articles of incorporation or organic document of any such party.
Terms of a plan of share exchange may be made dependent on facts objectively ascertainable outside the plan in accordance with §§ 47-1A-120.1 to 47-1A-120.3, inclusive.
Source: SL 2005, ch 239, § 258.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 47-1A-1103.3
What does South Dakota Codified Laws § 47-1A-1103.3 cover?
Section 47-1A-1103.3 ("Plan of share exchange--Required content.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 47-1A-1103.3?
A common citation format is "South Dakota Codified Laws § 47-1A-1103.3" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 47-1A-1103.3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.