47-21-11. Compensation of directors.Unless the bylaws of a cooperative provide otherwise, only the members may establish compensation or other benefits for a director, not available generally to officers and employees, for services as director. Source: SL 1947, ch 33, §12; SDC Supp 1960, §11.2212 (1); SL 1985, ch 370; SL 1990, ch 368.
South Dakota Legal Code