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Form a Business

Corporations without members entitled to vote--Powers of directors.

SDCL § 47-23-11
in effect
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47-23-11. Corporations without members entitled to vote--Powers of directors. If a corporation has no members or its members have no right to vote, the directors shall have the sole voting power. SL 1965, ch 24, § 17.
Source: South Dakota Legislature (sdlegislature.gov)URL: https://sdlegislature.gov/Statutes/47-23-11Fetched: 10/20/2026

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