There is a newer version
of
this Section
2018 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 25 - Nonprofit Corporations--Reorganization
§ 47-25-8 Corporations having no members entitled to vote--Approval by directors.
Universal Citation: SD Codified L § 47-25-8 (2018)
47-25-8. Corporations having no members entitled to vote--Approval by directors. Where any merging or consolidating corporation has no members, or no members entitled to vote thereon, a plan of merger or consolidation shall be adopted at a meeting of the board of directors of such corporation upon receiving the vote of a majority of the directors in office.
Source: SL 1965, ch 24, ยง 42 (2).
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
