S.D. Codified Laws § 1-16B-9
Current through the 2024 Legislative Session
A majority of the members constitutes a quorum of the board of directors for the purpose of organizing the authority and conducting business. Except when passing upon loan applications, any action may be taken by a vote of a majority of the members present, unless the rules of the board require a larger number.
SDCL 1-16B-9