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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 47-21-18: Adoption of first bylaws by directors--Subsequent bylaws adopted by members.

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Where this section sits in the code
  1. TITLE 47. CORPORATIONS
  2. CHAPTER 47-21. RURAL ELECTRIC COOPERATIVES

The board of directors shall adopt the first bylaws of a cooperative to be adopted following an incorporation, conversion, merger, or consolidation. Thereafter the members shall adopt, amend, or repeal the bylaws by the affirmative vote of a majority of those members voting thereon at a meeting of the members.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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