Section 47-23-5 - Special meetings of members--Calling special meeting--Requisite percentage ofmembers to call special meeting. - South Dakota Statutes

47-23-5. Special meetings of members--Calling special meeting--Requisite percentage of members to call special meeting. Special meetings of the members of a corporation may be called by the president or by the board of directors. Special meetings of the members may also be called by such other officers or persons or number or proportion of members as may be provided in the articles of incorporation or the bylaws. In the absence of a provision fixing the number or proportion of members entitled to call a meeting, a special meeting of members may be called by members having one-twentieth of the votes entitled to be cast at such meeting.

Source: SL 1965, ch 24, § 15.