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Section 47-17-10 - Waiver of notice of meeting.

47-17-10. Waiver of notice of meeting. A signed waiver of notice of a meeting of the board of directors of a cooperative is equivalent to personal notice to the person so signing. Attendance at a meeting is a waiver of notice of such meeting, except when a director attends the meeting and objects thereat to the transaction of business because the meeting was not lawfully convened.

Source: SDC 1939, § 11.1124 (3) as enacted by SL 1965, ch 23, § 1.

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