Vote of membership--Majority vote required.

1. Law
2. South Dakota Codified Laws
3. Corporations
4. Nonprofit Corporations Formation And General Powers
5. Vote of membership--Majority vote required.

47-22-26. Vote of membership--Majority vote required.

At the meeting required by §47-22-25 a vote of the members entitled to vote thereon shall be taken on the proposed restated articles, which shall be adopted upon receiving the affirmative vote of a majority of the members entitled to vote thereon present at such meeting or represented by proxy.

Source: SL 1965, ch 24, §39.

Download our app to see the most-to-date content.