ARSD 20:06:11:04
ARSD 20:06:11:04. Exceptions
Cite as S.D. Admin. R. 20:06:11:04
Section 20:06:11:01 shall not apply if the number of directors who would be in violation of SDCL 58-5-61, were it not for the exemptions provided by ยง 20:06:11:01, exceeds two-fifths of the total elected membership of the board of directors.