South Dakota Codified Laws 47-1A-862.2. Quorum of qualified directors
Current as of: 2023 | Check for updates
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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.
Terms Used In South Dakota Codified Laws 47-1A-862.2
- Quorum: The number of legislators that must be present to do business.
Source: SL 2005, ch 239, § 188; SL 2019, ch 196, § 2.