South Dakota Statutes
§ 47-17-1 — Board of directors as manager of cooperative--Qualifications of directors.
South Dakota § 47-17-1
JurisdictionSouth Dakota
Title 47CORPORATIONS
Ch. 47-14BCOOPERATIVES--DIRECTORS, OFFICERS AND EMPLOYEES
This text of South Dakota § 47-17-1 (Board of directors as manager of cooperative--Qualifications of directors.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 47-17-1 (2026).
Text
The business and affairs of a cooperative shall be managed by a board of directors. Each director shall be a member or a representative of a member who is an entity member. The bylaws shall prescribe any other qualifications for directors and may provide that directors be from specified territorial districts.
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Legislative History
SDC 1939, § 11.1123 (1) as enacted by SL 1965, ch 23, § 1; SL 2018, ch 260, § 8.
Nearby Sections
15
§ 47-1-1
Repealed§ 47-1-3
Repealed§ 47-10-1
Purposes of corporations.§ 47-10-10
Incorporators.§ 47-10-11
Directors--Number and term of office.§ 47-10-13
Accumulation of surplus--Use of surplus.§ 47-10-14
Persons authorized to hold common stock.§ 47-10-18
Nonstockholder members--Duty to lend.§ 47-10-2
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Bluebook (online)
South Dakota § 47-17-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-17-1.