S.D. Codified Laws § 47-1A-744.4
Current through the 2024 Legislative Session
If a majority of the board of directors does not consist of independent directors at the time the determination is made, the corporation shall have the burden of proving that the requirements of § 47-1A-744 have been met. If a majority of the board of directors consists of independent directors at the time the determination is made, the plaintiff has the burden of proving that the requirements of § 47-1A-744 have not been met.
SDCL 47-1A-744.4