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2023 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.
- Section 47-17-2 - Compensation of directors.
- Section 47-17-3 - Number of directors.
- Section 47-17-4 - First directors as temporary board--Election of permanent directors--Territorial directors--Directors' terms of office--Alternates.
- Section 47-17-4.1 - Use of funds or employee activity to promote election to office prohibited--Directors and officers permitting violation subject to civil fine.
- Section 47-17-5 - Removal of directors.
- Section 47-17-6 - Vacancies on board of directors.
- Section 47-17-7 - Liability of directors for improper distribution of assets.
- Section 47-17-7.1 - Directors not liable for distribution in good faith reliance on financial statements or accountant's representation.
- Section 47-17-8 - Board meetings.
- Section 47-17-9 - Quorum at meeting.
- Section 47-17-10 - Waiver of notice of meeting.
- Section 47-17-11 - Specification of purpose of meeting.
- Section 47-17-12 - Directors' executive committee--Powers of committee.
- Section 47-17-13 - Action without meeting of directors--Written consent.
- Section 47-17-14 - Principal officers of cooperative--Election by board of directors.
- Section 47-17-15 - Other officers.
- Section 47-17-16 - Authority of officers.
- Section 47-17-17 - Removal of officers.
- Section 47-17-18 - Compensation of officers.
- Section 47-17-19 - 47-17-19.Repealed by SL 2007, ch 260, ยง8.
- Section 47-17-20 - Filing false document as felony.
- Section 47-17-21 - Indemnification of directors, officers, agents, and employees against liability under certain circumstances.
- Section 47-17-22 - Circumstances under which directors, officers, agents, and employees may not be indemnified.
- Section 47-17-23 - Indemnification of successful director, officer, agent, or employee for expenses incurred in proceeding.
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