The board of trustees shall adopt policies and regulations for the conduct of its business and shall fix a stated time at which the regular meetings of the board shall be held. A majority of the board of trustees constitutes a quorum but a smaller number may adjourn from day to day. A concurrence of the majority is necessary to any action of the board.

Source: SL 1947, ch 226 , § 16; SDC Supp 1960, § 45.3816; SDCL, § 34-17-20; SL 1993, ch 256 , § 24.