South Dakota § 47-30-12 Presence of director at meeting as concurrence--Written dissent--Procedure.

South Dakota Statutes

§ 47-30-12 — Presence of director at meeting as concurrence--Written dissent--Procedure.

South Dakota § 47-30-12

Title 47CORPORATIONS

Ch. 47-30CORPORATE FRAUDS AND MISMANAGEMENT

This text of South Dakota § 47-30-12 (Presence of director at meeting as concurrence--Written dissent--Procedure.) 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 § 47-30-12 (2026).

Text

Every director of a corporation, who is present at a meeting of the directors at which any act, proceeding, or omission of such directors in violation of this chapter occurs, is deemed to have concurred therein, unless he at the time causes, or in writing requires, his dissent therefrom to be entered in the minutes of the directors, or if absent from such meeting and the record of such violation appears on the record or minutes of the board of directors and he remains a director for six months thereafter without causing, or in writing requiring his dissent from such violation to be entered in the minutes of the directors.

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Every director of a corporation, who is present at a meeting of the directors at which any act, proceeding, or omission of such directors in violation of this chapter occurs, is deemed to have concurred therein, unless he at the time causes, or in writing requires, his dissent therefrom to be entered in the minutes of the directors, or if absent from such meeting and the record of such violation appears on the record or minutes of the board of directors and he remains a director for six months thereafter without causing, or in writing requiring his dissent from such violation to be entered in the minutes of the directors.