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Statutes > South Dakota Laws > Title 47 - CORPORATIONS > Chapter 23 - Nonprofit Corporations--Members, Directors, Officers And Agents > Section 47-23-17 - Classes of directors--Term of office.

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SOUTH DAKOTA STATUTES AND CODES

Section 47-23-17 - Classes of directors--Term of office.

47-23-17. Classes of directors--Term of office. Directors may be divided into classes and the terms of office of the several classes need not be uniform. Each director shall hold office for the term for which he is elected or appointed and until his successor shall have been elected or appointed and qualified.

Source: SL 1965, ch 24, § 20.

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