South Dakota § 47-1A-951.1 - Plan of entity conversion--Amendments.
Full text of South Dakota South Dakota Codified Laws § 47-1A-951.1 — Plan of entity conversion--Amendments., with citation guidance and answers to common questions.
§ 47-1A-951.1. Plan of entity conversion--Amendments.
The plan of entity conversion may also include a provision that the plan may be amended prior to filing articles of entity conversion. However, subsequent to approval of the plan by the shareholders, the plan may not be amended to change:
(1) The amount or kind of shares or other securities, interests, obligations, rights to acquire shares, other securities or interests, cash, or other property to be received under the plan by the shareholders;
(2) The organic documents that will be in effect immediately following the conversion, except for changes permitted by a provision of the organic law of the surviving entity comparable to § 47-1A-1005; or
(3) Any of the other terms or conditions of the plan if the change would adversely affect any of the shareholders in any material respect.
Source: SL 2005, ch 239, § 222.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 47-1A-951.1
What does South Dakota Codified Laws § 47-1A-951.1 cover?
Section 47-1A-951.1 ("Plan of entity conversion--Amendments.") 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-951.1?
A common citation format is "South Dakota Codified Laws § 47-1A-951.1" (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-951.1 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.