SDCL § 47-1A-862.2: Quorum of qualified directors.
Where this section sits in the code
- TITLE 47. CORPORATIONS
- CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT
A majority, but no fewer than one, of all the qualified directors on the board of directors, or on the committee, constitutes a quorum for purposes of action that complies with §§ 47-1A-862 and 47-1A-862.1. Directors' action that otherwise complies with §§ 47-1A-862 and 47-1A-862.1 is not affected by the presence or vote of a director who is not a qualified director.
Collected 2026-09-03T15:18:57Z. Source file · JSON