47-1A-728. Cumulative voting for directors.
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/sd/title-47/chapter-47-1/47-1a-728·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Shareholders may cumulate their votes for directors. The right to cumulate votes for directors means that the shareholders are entitled to multiply the number of votes that they are entitled to cast by the number of directors for whom they are entitled to vote and cast the product for a single candidate or distribute the product among two or more candidates.