South Dakota does not have a Section 262 of the Delaware General Corporation Law, as South Dakota is a separate state with its own set of corporate laws. The Delaware General Corporation Law applies specifically to corporations incorporated in the state of Delaware. However, for the purpose of this content, we can provide information on Section 262 of the Delaware General Corporation Law: Section 262 of the Delaware General Corporation Law, commonly referred to as the appraisal rights statute, grants certain shareholders the right to seek appraisal of their shares in the event of certain corporate actions. Shareholders who believe that the fair value of their shares is higher than the merger or acquisition price offered by the corporation can invoke Section 262 to demand a judicial determination of the fair value. Some relevant keywords related to Section 262 of the Delaware General Corporation Law include: — Appraisal rights: The rights provided to shareholders under Section 262 to demand a fair value determination for their shares. — Fair value: The judicially determined value of the shares, which considers factors such as the company's financials, market conditions, and future prospects. — Merger: A corporate action in which two companies combine to form a single entity. — Acquisition: The purchase of a company by another entity. — Shareholders: Individuals or entities who own shares in a corporation. — Corporate actions: Significant events or transactions that impact a corporation's structure, ownership, or governance. Please note that South Dakota corporate laws may have their own provisions regarding shareholder rights and appraisal processes, but it is unrelated to Section 262 of the Delaware General Corporation Law.
South Dakota Section 262 of the Delaware General Corporation Law
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How to fill out Section 262 Of The Delaware General Corporation Law?
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§ 312. Revival of certificate of incorporation. (a) As used in this section, the term ?certificate of incorporation? includes the charter of a corporation organized under any special act or any law of this State.
Section 262 of the DGCL has been amended to (i) expand the transactions pursuant to which statutory appraisal rights are available in order to include transfers, domestications, and continuances and (ii) require that withdrawal of a demand for appraisal rights be made within 60 days following the effective date of the ...
Section 265 - Conversion of other entities to a domestic corporation (a) As used in this section, the term "other entity" means a limited liability company, statutory trust, business trust or association, real estate investment trust, common-law trust or any other unincorporated business including a partnership ( ...
Section 266: Stockholder Approval of Conversions. Delaware now permits the conversion of a Delaware corporation to another form of entity, including a foreign corporation, with only the approval of a majority of its stockholders.
Section 232 - Delivery of notice; notice by electronic transmission (a) Without limiting the manner by which notice otherwise may be given effectively to stockholders, any notice to stockholders given by the corporation under any provision of this chapter, the certificate of incorporation, or the bylaws may be given in ...
Any stockholder entitled to appraisal rights may, within 20 days after the date of mailing of such notice, demand in writing from the surviving or resulting corporation the appraisal of such holder's shares.
(a) Whenever stockholders are required or permitted to take any action at a meeting, a notice of the meeting in the form of a writing or electronic transmission shall be given which shall state the place, if any, date and hour of the meeting, the means of remote communications, if any, by which stockholders and proxy ...