Meetings of members of a corporation may be held via electronic communication or at such place, either within or without this state, as may be provided in the articles or bylaws. In the absence of any such provision, all meetings shall be held at the registered office of the corporation in this state, unless a special meeting is called and held electronically pursuant to § 47-23-5.

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Terms Used In South Dakota Codified Laws 47-23-3

  • 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: SDC 1939, §§ 11.1301, 11.1408; SL 1965, ch 24, § 15; SL 2021, ch 195, § 2, eff. Mar. 3, 2021.