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Code · South Dakota · Title 47 · Chapter 47-17

47-17-1. Board of directors as manager of cooperative--Qualifications of directors.

51 words·~1 min read·/sd/title-47/chapter-47-17/47-17-1

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The business and affairs of a cooperative shall be managed by a board of directors. Each director shall be a member or a representative of a member who is an entity member. The bylaws shall prescribe any other qualifications for directors and may provide that directors be from specified territorial districts.
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