{"data":{"id":"us-sd/sdcl-47-25-28","jurisdiction":"us-sd","citation":"SDCL § 47-25-28","heading":"Authorization for transfer in corporation having no members entitled to vote.","body":"Where there are no members, or no members entitled to vote thereon, a sale, lease, exchange, mortgage, pledge, or other disposition of all, or substantially all, the property and assets of a corporation shall be authorized upon receiving the vote of a majority of the directors in office.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-25. NONPROFIT CORPORATIONS--REORGANIZATION"],"source_url":"https://sdlegislature.gov/Statutes/47-25-28","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"65e99d5819b2e4c03c9264a98f63509cf534b6aef3c82f89550563ff46c19866","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-25-27","next":"us-sd/sdcl-47-25a-1"},"notice":"GroundRules: Original legal text. Not legal advice."}