Except as otherwise provided in § 58-5-56, special meetings of the stockholders or members may be called at any time for any purpose by the board of directors, upon not less than ten days’ notice or as provided in the bylaws. The notice shall state the purpose of the meeting, and no business shall be transacted at such meeting other than that given in the notice.

Terms Used In South Dakota Codified Laws 58-5-51

  • State: when used in context signifying a jurisdiction other than the State of South Dakota, a state, the District of Columbia, a territory, commonwealth, or possession of the United States of America, or a province of the Dominion of Canada. See South Dakota Codified Laws 58-1-2

Source: SL 1966, ch 111, ch 16, § 18 (4).