Articles and bylaws--Action to invalidate amendment--Limitations.

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  5. Articles and bylaws--Action to invalidate amendment--Limitations.

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47-15-12. Articles and bylaws--Action to invalidate amendment--Limitations.

No action may be maintained to invalidate any amendment to the articles or bylaws because of the manner of its adoption unless commenced within two years after its adoption.

Source: SDC 1939, §11.1136 (4) as enacted by SL 1965, ch 23, §1; SL 2021, ch 194, § 1.


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