47-23-24. Corporate officers--Appointment and term of office--Ex officio members of board of directors.
The officers of a corporation shall consist of a president, one or more vice-presidents, a secretary, a treasurer, and such other officers and assistant officers as may be deemed necessary, each of whom shall be elected or appointed at such time and in such manner and for such terms not exceeding three years as may be prescribed in the articles of incorporation or the bylaws. In the absence of any such provision, all officers shall be elected or appointed annually by the board of directors. If the bylaws so provide, any two or more offices may be held by the same person, except the offices of president and secretary.
The articles of incorporation or the bylaws may provide that any one or more officers of the corporation shall be ex officio members of the board of directors.
The officers of a corporation may be designated by such additional titles as may be provided in the articles of incorporation or the bylaws.
Unless the articles of incorporation or the bylaws so prescribe, officers need not be directors.
Source: SL 1965, ch 24, ยง25.
Structure South Dakota Codified Laws
Chapter 23 - Nonprofit Corporations--Members, Directors, Officers And Agents
Section 47-23-2 - Exoneration from personal liability.
Section 47-23-3 - Members' meetings--Time and place.
Section 47-23-4 - Annual members' meeting--Time and place--Failure to hold meeting.
Section 47-23-5 - Special meetings--Electronic communication.
Section 47-23-6 - Taking action without meeting--Written consent--Effect of written consent.
Section 47-23-7 - Notice to members of meeting--Manner of giving notice.
Section 47-23-9 - Voting procedure--Proxy votes--Ballots.
Section 47-23-10 - Cumulative voting for directors.
Section 47-23-11 - Corporations without members entitled to vote--Powers of directors.
Section 47-23-13 - Board of directors--Qualifications of directors.
Section 47-23-15 - First board of directors--Term of office.
Section 47-23-16 - Election or appointment of directors--Term of office.
Section 47-23-17 - Classes of directors--Term of office.
Section 47-23-18 - Removal of directors.
Section 47-23-20 - Quorum of directors--Provisions of articles or bylaws as governing.
Section 47-23-21 - Meetings by teleconference.
Section 47-23-22 - Committees--Authority and function--Responsibility of board of directors.
Section 47-23-23 - Articles or bylaws as governing vote of directors.
Section 47-23-25 - Removal of officers--Contract rights unaffected.
Section 47-23-26 - Notice to members or directors--Written waiver.
Section 47-23-28 - Definition of terms.
Section 47-23-30 - Person not immune where negligent operation of vehicle caused injury.
Section 47-23-31 - Effect on other statutes concerning immunity.