Waiver of notice of meeting.

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

A signed waiver of notice of a meeting of the board of directors of a cooperative is equivalent to personal notice to the individual signing the waiver. Attendance at a meeting is a waiver of notice of the meeting, except when a director attends the meeting and objects to the transaction of business because the meeting was not lawfully convened.

Source: SDC 1939, §11.1124 (3) as enacted by SL 1965, ch 23, §1; SL 2018, ch 260, §9.


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