S.D. Codified Laws § 47-21-21

Current with legislation signed by the governor on or before 3/6/2024
Section 47-21-21 - Officers-Election and qualifications-Removal of officers

The officers of a cooperative shall consist of a president, vice-president, secretary, and treasurer, who shall be elected annually by and from the board of directors. When a person holding any such offices ceases to be a director he shall cease to hold such office. The offices of secretary and of treasurer may be held by the same person. The board of directors may also elect or appoint such other officers, agents, or employees as it deems necessary or advisable and shall prescribe their powers and duties. Any officer may be removed from office and his successor elected in the manner prescribed in the bylaws.

SDCL 47-21-21

SL 1947, ch 33, § 14; SDC Supp 1960, § 11.2214.