State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-21 > Statute-47-21-12

47-21-12. First directors--Term of office. The directors of a cooperative named in any articles of incorporation, consolidation, merger, or conversion, shall hold office for their terms and until their successors are elected and qualify.

Source: SL 1947, ch 33, § 12; SDC Supp 1960, § 11.2212 (2).

State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-21 > Statute-47-21-12

47-21-12. First directors--Term of office. The directors of a cooperative named in any articles of incorporation, consolidation, merger, or conversion, shall hold office for their terms and until their successors are elected and qualify.

Source: SL 1947, ch 33, § 12; SDC Supp 1960, § 11.2212 (2).