2011 South Dakota Code
Title 47 CORPORATIONS
Chapter 15. Cooperatives--Formation And General Powers
§47-15-8 Amendment of articles--Majority vote required.


SD Codified L § 47-15-8 (through 2011) What's This?

47-15-8. Amendment of articles--Majority vote required. At any member meeting, a cooperative may adopt any amendment to its articles which is lawful under §§ 47-15-4 and 47-15-5, if a statement of the proposed amendment was contained in the notice of the meeting.

An amendment is adopted if approved by a majority of any quorum of members voting thereon at the meeting.

Source: SDC 1939, § 11.1135 as enacted by SL 1965, ch 23, § 1; SL 1986, ch 387.

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