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Section 47-16-26 - Stockholders' preemptive rights — South Dakota Law | CourtGPT
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South Dakota Legal Code

Section 47-16-26 - Stockholders' preemptive rights

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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.