47-15-8. Amendment of articles--Majority vote required.
At any member meeting, a cooperative may adopt any amendment to its articles which is lawful under §§47-15-4 and 47-15-5, if a statement of the proposed amendment was contained in the notice of the meeting.
An amendment is adopted if approved by a majority of any quorum of members voting thereon at the meeting.
Source: SDC 1939, §11.1135 as enacted by SL 1965, ch 23, §1; SL 1986, ch 387.