South Dakota Codified Laws 47-1A-1605.1. Court-ordered inspection of records upon application of director
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The circuit court of the county where the corporation‘s principal office is located, or, if none in this state, the circuit court of Hughes County, may order inspection and copying of the books, records, and documents at the corporation’s expense, upon application of a director who has been refused such inspection rights, unless the corporation establishes that the director is not entitled to such inspection rights. The court shall dispose of an application under this section on an expedited basis.
Terms Used In South Dakota Codified Laws 47-1A-1605.1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Source: SL 2005, ch 239, § 382; SL 2008, ch 275, § 52.