South Dakota § 47-34A-404.2 - Classes and voting.
Full text of South Dakota South Dakota Codified Laws § 47-34A-404.2 — Classes and voting., with citation guidance and answers to common questions.
§ 47-34A-404.2. Classes and voting.
Nothing in this chapter prohibits the articles of organization from establishing classes or groups of one or more members having certain expressed relative rights, powers, or duties, including voting rights and the articles of organization may provide for the future creation, in the manner provided in the articles of organization, of additional classes or groups of members having certain relative rights, powers, or duties, including voting rights, expressed either in the regulations or at the time of creation. The rights, powers, or duties of a class or group may be senior to those of one or more existing classes or groups of members.
Source: SL 1998, ch 272, § 404.2.
Frequently Asked Questions About South Dakota § 47-34A-404.2
What does South Dakota Codified Laws § 47-34A-404.2 cover?
Section 47-34A-404.2 ("Classes and voting.") 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 § 47-34A-404.2?
A common citation format is "South Dakota Codified Laws § 47-34A-404.2" (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 § 47-34A-404.2 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.