South Dakota Codified Laws
Chapter 33 - South Dakota Domestic Public Corporation Takeover Act
Section 47-33-6 - Right to sue.

47-33-6. Right to sue.
An acquiring person, an interested shareholder, a domestic public corporation and shareholders of a domestic public corporation may sue at law or in equity to enforce the provisions of this chapter.

Source: SL 1990, ch 369, §106.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 47 - Corporations

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 47-33-13 - Redemption of shares in absence of information statement or negative vote by shareholders.

Section 47-33-14 - Right to demand fair value of voting shares--Notice of right of demand.

Section 47-33-15 - Written demand for fair value of shares--Remittance by acquiring person--Court settlement after sixty days--Court procedure--Costs.

Section 47-33-16 - Application of chapter to acquiring person--Application to non-public domestic corporations.

Section 47-33-17 - Business combinations between corporation and interested shareholder.

Section 47-33-18 - Required conditions for business combination--Aggregate amount of cash and marked value--Consideration--Beneficial owners.

Section 47-33-19 - Conditions making § 47-33-17 inapplicable--Effect of corporation changes after acquisition date.