South Dakota § 47-1A-1303 - Assertion of appraisal rights by record shareholders for part of shares in name.
Full text of South Dakota South Dakota Codified Laws § 47-1A-1303 — Assertion of appraisal rights by record shareholders for part of shares in name., with citation guidance and answers to common questions.
§ 47-1A-1303. Assertion of appraisal rights by record shareholders for part of shares in name.
A record shareholder may assert appraisal rights as to fewer than all the shares registered in the record shareholder's name but owned by a beneficial shareholder only if the record shareholder objects with respect to all shares of the class or series owned by the beneficial shareholder and notifies the corporation in writing of the name and address of each beneficial shareholder on whose behalf appraisal rights are being asserted. The rights of a record shareholder who asserts appraisal rights for only part of the shares held of record in the record shareholder's name under this section shall be determined as if the shares as to which the record shareholder objects and the record shareholder's other shares were registered in the names of different record shareholders.
Source: SL 2005, ch 239, § 285.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 47-1A-1303
What does South Dakota Codified Laws § 47-1A-1303 cover?
Section 47-1A-1303 ("Assertion of appraisal rights by record shareholders for part of shares in name.") 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-1303?
A common citation format is "South Dakota Codified Laws § 47-1A-1303" (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-1303 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.