47-33-11. Notice of special shareholders meeting.
The notice of the meeting shall be given to all shareholders of record as of the record date set for the meeting, whether or not entitled to vote at the meeting. The notice shall at a minimum be accompanied by a copy of the information statement, and a copy of any amendment to the information statement previously delivered to the domestic public corporation, and a statement disclosing that the board of the domestic public corporation recommends approval of, expresses no opinion and is remaining neutral toward, recommends rejection of, or is taking no position or making no recommendation with respect to according voting rights to the shares referred to in §47-33-8 acquired or to be acquired in the control share acquisition. Any amendments to the information statement received after mailing the notice of and prior to the meeting shall be mailed promptly to the shareholders by the domestic public corporation.
Source: SL 1990, ch 369, §204.
Structure South Dakota Codified Laws
Chapter 33 - South Dakota Domestic Public Corporation Takeover Act
Section 47-33-1 - Citation of chapter.
Section 47-33-2 - Declaration of public policy.
Section 47-33-3 - Definition of terms.
Section 47-33-4 - Factors considered by board in discharging duties.
Section 47-33-5 - Creation of shares--Rights and options.
Section 47-33-6 - Right to sue.
Section 47-33-7 - Conflicting provisions of law.
Section 47-33-8 - Control share acquisition--Voting rights.
Section 47-33-9 - Information statement by control share acquisitioner--Controls.
Section 47-33-10 - Request for special meeting by acquiring person--Consideration of voting rights.
Section 47-33-11 - Notice of special shareholders meeting.
Section 47-33-12 - Voting rights of shares acquired in control share acquisition.
Section 47-33-14 - Right to demand fair value of voting shares--Notice of right of demand.
Section 47-33-17 - Business combinations between corporation and interested shareholder.