South Dakota Codified Laws
Chapter 17 - Cooperatives--Directors, Officers And Employees
Section 47-17-8 - Board meetings.

47-17-8. Board meetings.
The board of directors of a cooperative shall provide that board meetings are held upon such notice as is prescribed in the bylaws.
Unless the articles of incorporation or bylaws provide otherwise, a member of the board of directors or any committee designated by the board of directors may participate in a meeting of such board or committee by any means of communication through which the member, delegate, or alternate may communicate and vote at the meeting. Participation by such means of communication constitutes presence or attendance at the meeting.

Source: SDC 1939, §11.1124 (1) as enacted by SL 1965, ch 23, §1; SL 1997, ch 257, §1; SL 2021, ch 194, § 7.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 47 - Corporations

Chapter 17 - Cooperatives--Directors, Officers And Employees

Section 47-17-1 - Board of directors as manager of cooperative--Qualifications of directors.

Section 47-17-2 - Compensation of directors.

Section 47-17-3 - Number of directors.

Section 47-17-4 - First directors as temporary board--Election of permanent directors--Territorial directors--Directors' terms of office--Alternates.

Section 47-17-4.1 - Use of funds or employee activity to promote election to office prohibited--Directors and officers permitting violation subject to civil fine.

Section 47-17-5 - Removal of directors.

Section 47-17-6 - Vacancies on board of directors.

Section 47-17-7 - Liability of directors for improper distribution of assets.

Section 47-17-7.1 - Directors not liable for distribution in good faith reliance on financial statements or accountant's representation.

Section 47-17-8 - Board meetings.

Section 47-17-9 - Quorum at meeting.

Section 47-17-10 - Waiver of notice of meeting.

Section 47-17-11 - Specification of purpose of meeting.

Section 47-17-12 - Directors' executive committee--Powers of committee.

Section 47-17-13 - Action without meeting of directors--Written consent.

Section 47-17-14 - Principal officers of cooperative--Election by board of directors.

Section 47-17-15 - Other officers.

Section 47-17-16 - Authority of officers.

Section 47-17-17 - Removal of officers.

Section 47-17-18 - Compensation of officers.

Section 47-17-20 - Filing false document as felony.

Section 47-17-21 - Indemnification of directors, officers, agents, and employees against liability under certain circumstances.

Section 47-17-22 - Circumstances under which directors, officers, agents, and employees may not be indemnified.

Section 47-17-23 - Indemnification of successful director, officer, agent, or employee for expenses incurred in proceeding.