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South Dakota Codified Laws
Title 47
Chapter 47-17
S.D. Codified Laws ch. 47-17
Cooperatives--directors, Officers and Employees
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47-17-1
Board of directors as manager of cooperative--Qualifications of directors.
47-17-2
Compensation of directors.
47-17-3
Number of directors.
47-17-4
First directors as temporary board--Election of permanent directors--Territorial directors--Directors' terms of office--Alternates.
47-17-4.1
Use of funds or employee activity to promote election to office prohibited--Directors and officers permitting violation subject to civil fine.
47-17-5
Removal of directors.
47-17-6
Vacancies on board of directors.
47-17-7
Liability of directors for improper distribution of assets.
47-17-7.1
Directors not liable for distribution in good faith reliance on financial statements or accountant's representation.
47-17-8
Board meetings.
47-17-9
Quorum at meeting.
47-17-10
Waiver of notice of meeting.
47-17-11
Specification of purpose of meeting.
47-17-12
Directors' executive committee--Powers of committee.
47-17-13
Action without meeting of directors--Written consent.
47-17-14
Principal officers of cooperative--Election by board of directors.
47-17-15
Other officers.
47-17-16
Authority of officers.
47-17-17
Removal of officers.
47-17-18
Compensation of officers.
47-17-19
Repealed
Repealed
47-17-20
Filing false document as felony.
47-17-21
Indemnification of directors, officers, agents, and employees against liability under certain circumstances.
47-17-22
Circumstances under which directors, officers, agents, and employees may not be indemnified.
47-17-23
Indemnification of successful director, officer, agent, or employee for expenses incurred in proceeding.