The board of directors may condition its submission of the proposal for dissolution on any basis.
S.D. Codified Laws § 47-1A-1402.1
Conditions for submission of proposal for dissolution
Known as the South Dakota Business Corporation Act
The act spans §§ 47-1A-1001 to 47-1A-957 (383 sections).
Source: SL 2005, ch 239, § 310.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.