Stockholders' preemptive rights.

  1. Law
  2. South Dakota Codified Laws
  3. Corporations
  4. Cooperatives Membership, Stock And Distributions
  5. Stockholders' preemptive rights.

Checkout our iOS App for a better way to browser and research.

47-16-26. Stockholders' preemptive rights.

Stockholders of a cooperative as such have no preemptive right to purchase additional stock.

Source: SDC 1939, §11.1118 (5) as enacted by SL 1965, ch 23, §1.


Download our app to see the most-to-date content.