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Home » US Law » 2022 South Dakota Codified Laws » Title 47 - Corporations » Chapter 11E - Nursing Corporations » Section 47-11E-6 – Ineligible shareholder to dispose of shares.

47-11E-6. Ineligible shareholder to dispose of shares.

Provisions shall be made requiring any shareholder who ceases to be eligible to be a shareholder to dispose of all shares forthwith either to the corporation or to any person having the qualifications prescribed in §47-11E-5.

Source: SL 1996, ch 228, §6.