South Dakota Codified Laws 47-15-8. Amendment of articles–Majority vote required
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At any member meeting, a cooperative may adopt any amendment to its articles which is lawful under §§ 47-15-4 and 47-15-5, if a statement of the proposed amendment was contained in the notice of the meeting.
An amendment is adopted if approved by a majority of any quorum of members voting thereon at the meeting.
Terms Used In South Dakota Codified Laws 47-15-8
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Quorum: The number of legislators that must be present to do business.
Source: SDC 1939, § 11.1135 as enacted by SL 1965, ch 23, § 1; SL 1986, ch 387.