Section 46A-3B-11 - Officers of board of directors. - South-dakota Statutes

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46A-3B-11. Officers of board of directors. At the first meeting in January of each year, designated as the annual meeting of the water development district, the directors shall elect a chairman, a vice-chairman, and a secretary from among their membership. The officers shall hold office until the next annual meeting of the water development district or until their successors have been elected. In addition, the directors shall appoint a treasurer who may or may not be a director and who shall serve at the pleasure of the board of directors or until his successor is appointed. The treasurer shall be bonded in such amounts and with such sureties as the directors shall specify and conditioned on faithful performance of the treasurer's duties. The chairman, vice-chairman, secretary, and treasurer shall constitute the officers of the board of directors, provided that the treasurer, if not a director, shall have no voting privileges.

Source: SL 1984 (SS), ch 1, § 31.

State Codes and Statutes

Statutes > South-dakota > Title-46a > Chapter-03b > Statute-46a-3b-11

46A-3B-11. Officers of board of directors. At the first meeting in January of each year, designated as the annual meeting of the water development district, the directors shall elect a chairman, a vice-chairman, and a secretary from among their membership. The officers shall hold office until the next annual meeting of the water development district or until their successors have been elected. In addition, the directors shall appoint a treasurer who may or may not be a director and who shall serve at the pleasure of the board of directors or until his successor is appointed. The treasurer shall be bonded in such amounts and with such sureties as the directors shall specify and conditioned on faithful performance of the treasurer's duties. The chairman, vice-chairman, secretary, and treasurer shall constitute the officers of the board of directors, provided that the treasurer, if not a director, shall have no voting privileges.

Source: SL 1984 (SS), ch 1, § 31.

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Statutes > South-dakota > Title-46a > Chapter-03b > Statute-46a-3b-11

46A-3B-11. Officers of board of directors. At the first meeting in January of each year, designated as the annual meeting of the water development district, the directors shall elect a chairman, a vice-chairman, and a secretary from among their membership. The officers shall hold office until the next annual meeting of the water development district or until their successors have been elected. In addition, the directors shall appoint a treasurer who may or may not be a director and who shall serve at the pleasure of the board of directors or until his successor is appointed. The treasurer shall be bonded in such amounts and with such sureties as the directors shall specify and conditioned on faithful performance of the treasurer's duties. The chairman, vice-chairman, secretary, and treasurer shall constitute the officers of the board of directors, provided that the treasurer, if not a director, shall have no voting privileges.

Source: SL 1984 (SS), ch 1, § 31.