There is a newer version
of
this Section
2020 South Dakota Codified Laws
Title 47 - Corporations
Chapter 22 - Nonprofit Corporations Formation And General Powers
Section 47-22-27 - Procedure in absence of members entitled to vote--Adoption of restatement by board of directors.
Universal Citation: SD Codified L § 47-22-27 (2020)
47-22-27. Procedure in absence of members entitled to vote--Adoption of restatement by board of directors.
If there are no members, or no members entitled to vote thereon, the proposed restated articles shall be adopted at a meeting of the board of directors upon receiving the affirmative vote of a majority of the directors in office.
Source: SL 1965, ch 24, ยง39.
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.