{"data":{"id":"us-sd/sdcl-47-26-8","jurisdiction":"us-sd","citation":"SDCL § 47-26-8","heading":"Adoption of plan by corporation having no members entitled to vote.","body":"Where there are no members, or no members entitled to vote thereon, a plan of distribution shall be adopted at a meeting of the board of directors upon receiving the vote of a majority of the directors in office.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-26. NONPROFIT CORPORATIONS--DISSOLUTION AND LIQUIDATION"],"source_url":"https://sdlegislature.gov/Statutes/47-26-8","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"47d2d86e94f2aed3dce2f0f8920295b73ad45dd659aa1b83b93f57b873f32e42","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-26-7","next":"us-sd/sdcl-47-26-9"},"notice":"GroundRules: Original legal text. Not legal advice."}