S.D. Codified Laws § 47-1A-862.2

Current through the 2024 Legislative Session

Section 47-1A-862.2 - Quorum of qualified directors

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.

SDCL 47-1A-862.2

SL 2005, ch 239, §188; SL 2019, ch 196, §2.

Amended by S.L. 2019, ch. 196,s. 2, eff. 7/1/2019.