S.D. Admin. R. 39:02:06:02

Current through Register Vol. 51, page 56, November 4, 2024
Section 39:02:06:02 - Execution of documents

All contract and agreements entered into by the authority shall unless the members by resolution otherwise direct, be executed on behalf of the authority by the chairman or the vice chairman and the secretary or executive secretary, provided always, that one of the signatures on any such document on behalf of the authority shall be by an officer of the authority who is a member.

Nothing in this article shall be deemed to limit in any manner the right of the members by resolution adopted at a meeting to designate other or different officers or administrative personnel to execute a specified document or documents at any time.

Nothing in this article shall be deemed to prohibit the use of facsimile signature where authorized by statute in the state of South Dakota.

S.D. Admin. R. 39:02:06:02

1 SDR 83, effective 7/15/1975.

General Authority: SDCL 5-12-40.

Law Implemented: SDCL 5-12-24, 5-12-39, 5-12-40.