{"data":{"id":"us-sd/sdcl-47-1a-825.1","jurisdiction":"us-sd","citation":"SDCL § 47-1A-825.1","heading":"Powers of committees.","body":"To the extent specified by the board of directors or in the articles of incorporation or bylaws, each committee may exercise the powers of the board of directors under § 47-1A-801. However, a committee may not:\n(1) Authorize or approve distributions, except according to a formula or method, or within limits, prescribed by the board of directors;\n(2) Approve or propose to shareholders action that this chapter requires be approved by shareholders;\n(3) Fill vacancies on the board of directors or, subject to § 47-1A-825.3, on any of its committees; or\n(4) Adopt, amend, or repeal bylaws.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-1A-825.1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"df24c7977ab63c9d4d59a060fccef65e0432597a256b78af1537acecdd62db9f","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-1a-825","next":"us-sd/sdcl-47-1a-825.2"},"notice":"GroundRules: Original legal text. Not legal advice."}
