South Dakota Statutes
§ 51A-3-33 — Removal of directors--Vote required.
South Dakota·Title 51A BANKS AND BANKING·Ch. 51A-2 ORGANIZATION, APPLICATIONS, AND CAPITAL STRUCTURE OF BANKING CORPORATIONS
Any director may be removed by the stockholders at any regular or special meeting, except that no director may be removed unless the votes cast against a motion for his removal are less than the total number of shares outstanding, divided by the number of authorized directors, but all of the directors may be removed if a majority of the outstanding shares approves a motion for the removal of all.
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South Dakota § 51A-3-33 (Removal of directors--Vote required.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1969, ch 11, § 3.26; SDCL, § 51-17-30.