State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-01a > Statutes-47-1a-862-2-47-1a-862-3

47-1A-862.2. Quorum of qualified directors. A majority, but no fewer than two, 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.

Source: SL 2005, ch 239, § 188.