{"data":{"id":"us-sd/sdcl-47-1a-1020","jurisdiction":"us-sd","citation":"SDCL § 47-1A-1020","heading":"Amendment by board of directors or shareholders.","body":"A corporation's shareholders may amend or repeal the corporation's bylaws.\nA corporation's board of directors may amend or repeal the corporation's bylaws, unless:\n(1) The articles of incorporation or § 47-1A-1021 reserve that power exclusively to the shareholders in whole or part; or\n(2) The shareholders in amending, repealing, or adopting a bylaw expressly provide that the board of directors may not amend, repeal, or reinstate that bylaw.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-1A-1020","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"5c41274714a4f0f2acaed1ed61b2d7e85b0cc94677d26367ed768cb53f4ad338","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-1a-1009","next":"us-sd/sdcl-47-1a-1021"},"notice":"GroundRules: Original legal text. Not legal advice."}