Section 47-17-6 - Vacancies on board of directors

47-17-6. Vacancies on board of directors.Unless the bylaws of a cooperative provide otherwise, any vacancy existing in the board of directors may be filled until the next annual meeting by appointment by a majority vote of the directors then in office. Source: SDC 1939, §11.1123 (5) as enacted by SL 1965, ch 23, §1.