51A-14-7. Valuation of dissident shareholders' stock.
The provisions of §§47-1A-1107 to 47-1A-1107.4, inclusive, and §§47-1A-1302 to 47-1A-1331.2, inclusive, apply when establishing the valuation of shares of bank stock owned by dissident shareholders.
Source: SL 1984, ch 317; SL 1988, ch 377, §162; SDCL, §51-26-7; SL 2005, ch 202, §17.
Structure South Dakota Codified Laws
Chapter 14 - Reorganization Of Banks
Section 51A-14-1 - Merger or consolidation of banks.
Section 51A-14-2 - Purchase of assets and assumption of liabilities.
Section 51A-14-3 - Conversion from state bank to national bank.
Section 51A-14-5 - Liquidation procedures in the event of reorganization.
Section 51A-14-6 - Emergency takeover.
Section 51A-14-7 - Valuation of dissident shareholders' stock.