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2022 South Dakota Codified Laws
Title 47 - Corporations
Chapter 17 - Cooperatives--Directors, Officers And Employees
Section 47-17-1 - Board of directors as manager of cooperative--Qualifications of directors.
Universal Citation: SD Codified L § 47-17-1 (2022)
47-17-1. Board of directors as manager of cooperative--Qualifications of directors.
The business and affairs of a cooperative shall be managed by a board of directors. Each director shall be a member or a representative of a member who is an entity member. The bylaws shall prescribe any other qualifications for directors and may provide that directors be from specified territorial districts.
Source: SDC 1939, §11.1123 (1) as enacted by SL 1965, ch 23, §1; SL 2018, ch 260, §8.
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