South Dakota Codified Laws 47-16-2. Annual member meeting–Time of meeting
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An annual member meeting of a cooperative shall be held at the time fixed in or pursuant to the bylaws. In the absence of a bylaw provision, such meeting shall be held within six months after the close of the fiscal year at the call of the president or board of directors.
Terms Used In South Dakota Codified Laws 47-16-2
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
Source: SDC 1939, § 11.1115 (2) as enacted by SL 1965, ch 23, § 1.