South Dakota Statutes
§ 47-23-13 — Board of directors--Qualifications of directors.
South Dakota § 47-23-13
JurisdictionSouth Dakota
Title 47CORPORATIONS
Ch. 47-22NONPROFIT CORPORATIONS--MEMBERS, DIRECTORS, OFFICERS AND AGENTS
This text of South Dakota § 47-23-13 (Board of directors--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 § 47-23-13 (2026).
Text
Except as authorized by § 47-23-22 , the affairs of a corporation shall be managed by a board of directors. Directors need not be members of the corporation unless the articles of incorporation or the bylaws so require. The articles of incorporation or the bylaws may prescribe other qualifications for directors.
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Related
Mahan v. Avera St. Luke's
2001 SD 9 (South Dakota Supreme Court, 2001)
Drs., Residents, and Orth. Surg. Spec. v. Avera St. Luke
2001 SD 9 (South Dakota Supreme Court, 2001)
Legislative History
SL 1965, ch 24, § 19; SL 1989, ch 394, § 1; SL 2016, ch 221, § 10.
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Repealed§ 47-1-3
Repealed§ 47-10-1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 § 47-23-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-23-13.