S.D. Codified Laws § 47-1A-862.2

Quorum of qualified directors

Last amended: 2019Year: 2025Length: 76 wordsOfficial source
A majority, but no fewer than one, of all the qualified directors on the board of directors, or on the committee, constitutes a quorum for purposes of action that complies with §§ 47-1A-862 and 47-1A-862.1 . Directors' action that otherwise complies with §§ 47-1A-862 and 47-1A-862.1 is not affected by the presence or vote of a director who is not a qualified director. Source: SL 2005, ch 239, § 188; SL 2019, ch 196, § 2.
S.D. Codified Laws § 47-1A-862.2: Quorum of qualified directors | Justis AI