S.D. Codified Laws § 47-1A-801
This is the official text of S.D. Codified Laws § 47-1A-801, part of South Dakota’s Codified Laws — part of the compiled statutory law of South Dakota, published by the state as "Codified Laws." Browse the sections below, each linked to its official government source.
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Requirement for and duties of board of directors
Official statutory text
Except as provided in §§ 47-1A-732 to 47-1A-732.6 , inclusive, each corporation must have a board of directors. All corporate powers shall be exercised by or under the authority of, and the business and affairs of the corporation managed by or under the direction of, its board of directors, subject to any limitation set forth in the articles of incorporation or in an agreement authorized under § 47-1A-732 .
Source: SL 2005, ch 239, § 136.
Source: SL 2005, ch 239, § 136.
Status: in_force · Read it on the official government site
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