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Adoption of first bylaws by directors--Subsequent bylaws adopted by members.

SDCL § 47-21-18
in effect
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47-21-18. Adoption of first bylaws by directors--Subsequent bylaws adopted by members. The board of directors shall adopt the first bylaws of a cooperative to be adopted following an incorporation, conversion, merger, or consolidation. Thereafter the members shall adopt, amend, or repeal the bylaws by the affirmative vote of a majority of those members voting thereon at a meeting of the members. SL 1947, ch 33, § 8; SDC Supp 1960, § 11.2208.
Source: South Dakota Legislature (sdlegislature.gov)URL: https://sdlegislature.gov/Statutes/47-21-18Fetched: 10/20/2026

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