South Dakota Codified Laws 47-22-17. Procedure in absence of members entitled to vote–Adoption of amendment by boardof directors
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Where there are no members, or no members entitled to vote on an amendment to the articles of incorporation, an amendment shall be adopted at a meeting of the board of directors upon receiving the vote of a majority of the directors in office.
Terms Used In South Dakota Codified Laws 47-22-17
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
Source: SL 1965, ch 24, § 36 (2).