South Dakota Codified Laws 49-33-14.1. Bylaws–Adoption, amendment or repeal by board
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The bylaws of a corporation organized under chapter 49-33 shall be initially adopted and may be altered, amended or repealed thereafter by the board of directors.
Terms Used In South Dakota Codified Laws 49-33-14.1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Source: SL 1986, ch 396, § 2.