47-16-9. Consent to action without meeting.
63 words·~1 min read·
/sd/title-47/chapter-47-16/47-16-9A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any action which may be taken at a member meeting of a cooperative, may be taken without a meeting if a writing setting forth and approving the action taken shall be signed by a majority of the members entitled to vote on such action. In such cases, such consent shall have the same force and effect as if a meeting had been held.