The directors shall appoint one of their number president; they also may appoint a vice–president, secretary, and treasurer, and such other officers and agents as shall be prescribed by the bylaws of such corporation.

Terms Used In South Dakota Codified Laws 49-30-19

  • 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, § 52.1306.

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