South Dakota Statutes
§ 47-21-21 — Officers--Election and qualifications--Removal of officers.
South Dakota § 47-21-21
This text of South Dakota § 47-21-21 (Officers--Election and qualifications--Removal of officers.) 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 § 47-21-21 (2026).
Text
The officers of a cooperative shall consist of a president, vice - president, secretary, and treasurer, who shall be elected annually by and from the board of directors. When a person holding any such offices ceases to be a director he shall cease to hold such office. The offices of secretary and of treasurer may be held by the same person. The board of directors may also elect or appoint such other officers, agents, or employees as it deems necessary or advisable and shall prescribe their powers and duties. Any officer may be removed from office and his successor elected in the manner prescribed in the bylaws.
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Legislative History
SL 1947, ch 33, § 14; SDC Supp 1960, § 11.2214.
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Repealed§ 47-1-3
Repealed§ 47-10-1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 § 47-21-21, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-21-21.