South Dakota Statutes
§ 47-21-12 — First directors--Term of office.
South Dakota § 47-21-12
This text of South Dakota § 47-21-12 (First directors--Term of office.) 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 § 47-21-12 (2026).
Text
The directors of a cooperative named in any articles of incorporation, consolidation, merger, or conversion, shall hold office for their terms and until their successors are elected and qualify.
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Legislative History
SL 1947, ch 33, § 12; SDC Supp 1960, § 11.2212 (2).
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Repealed§ 47-1-3
Repealed§ 47-10-1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 § 47-21-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-21-12.