47-16-2. Annual member meeting--Time of meeting.
An annual member meeting of a cooperative shall be held at the time fixed in or pursuant to the bylaws. In the absence of a bylaw provision, such meeting shall be held within six months after the close of the fiscal year at the call of the president or board of directors.
Source: SDC 1939, §11.1115 (2) as enacted by SL 1965, ch 23, §1.