South Dakota · Statutes

Chapter 17

24 sections

S.D. Codified Laws § 47-17-1Board of directors as manager of cooperative--Qualifications of directors
S.D. Codified Laws § 47-17-2Compensation of directors
S.D. Codified Laws § 47-17-3Number of directors
S.D. Codified Laws § 47-17-4First directors as temporary board--Election of permanent directors--Territorial directors--Directors' terms of office--Alternates
S.D. Codified Laws § 47-17-4.1Use of funds or employee activity to promote election to office prohibited--Directors and officers permitting violation subject to civil fine
S.D. Codified Laws § 47-17-5Removal of directors
S.D. Codified Laws § 47-17-6Vacancies on board of directors
S.D. Codified Laws § 47-17-7Liability of directors for improper distribution of assets
S.D. Codified Laws § 47-17-7.1Directors not liable for distribution in good faith reliance on financial statements or accountant's representation
S.D. Codified Laws § 47-17-8Board meetings
S.D. Codified Laws § 47-17-9Quorum at meeting
S.D. Codified Laws § 47-17-10Waiver of notice of meeting
S.D. Codified Laws § 47-17-11Specification of purpose of meeting
S.D. Codified Laws § 47-17-12Directors' executive committee--Powers of committee
S.D. Codified Laws § 47-17-13Action without meeting of directors--Written consent
S.D. Codified Laws § 47-17-14Principal officers of cooperative--Election by board of directors
S.D. Codified Laws § 47-17-15Other officers
S.D. Codified Laws § 47-17-16Authority of officers
S.D. Codified Laws § 47-17-17Removal of officers
S.D. Codified Laws § 47-17-18Compensation of officers
S.D. Codified Laws § 47-17-20Filing false document as felony
S.D. Codified Laws § 47-17-21Indemnification of directors, officers, agents, and employees against liability under certain circumstances
S.D. Codified Laws § 47-17-22Circumstances under which directors, officers, agents, and employees may not be indemnified
S.D. Codified Laws § 47-17-23Indemnification of successful director, officer, agent, or employee for expenses incurred in proceeding