South Dakota Codified Laws 47-23-23. Articles or bylaws as governing vote of directors
Current as of: 2023 | Check for updates
|
Other versions
Whenever, with respect to any action to be taken by the members or directors of a corporation, the articles of incorporation or bylaws require the vote or concurrence of a greater proportion of the directors or members or any class of members than required by chapters 47-22 to 47-28, inclusive, the provisions of the articles of incorporation or bylaws shall control.
Terms Used In South Dakota Codified Laws 47-23-23
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Source: SL 1965, ch 24, § 95.