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South Dakota Corporate Bylaws Template

South Dakota corporate bylaws establish how a corporation will be structured, managed, and operated to achieve maximum efficiency. The bylaws also state the purpose of the corporation, when and where the shareholders' meeting will be held, and how the corporation's stock is issued.
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Updated June 11, 2024

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Laws

  • Annual Meetings – A corporation shall hold a meeting of shareholders annually at a time stated in or fixed in accordance with the bylaw.[2]
  • Corporate Bylaws – The incorporators or board of directors of a corporation shall adopt initial bylaws for the corporation.[3]
  • Issuance of Stock – A corporation may issue the number of shares of each class or series authorized by the articles of incorporation.[4]

Emergency Bylaws

Emergency bylaws allow a corporation to adopt/amend certain bylaws to properly manage the company during a time of emergency.[5]

Sources

  1. § 47-1A-206
  2. § 47-1A-701
  3. § 47-1A-206
  4. § 47-1A-603
  5. § 47-1A-207