S.D. Codified Laws § 47-25-27

Current with legislation signed by the governor on or before 3/6/2024
Section 47-25-27 - Abandonment of transfer plan after vote of members-Rights of third parties

After authorization by a vote of members pursuant to § 47-25-26, the board of directors, nevertheless, in its discretion, may abandon a sale, lease, exchange, mortgage, pledge, or other disposition of assets described in § 47-25-24, subject to the rights of third parties under any contracts relating thereto, without further action or approval by members.

SDCL 47-25-27

SL 1965, ch 24, § 46 (1).