46A-14-43. Duties of board of managers--Adoption of seal--Record of business transacted--Bylaws and regulations, adoption--Meetings, notice.

The board of managers shall:

(1)    Adopt a seal;

(2)    Keep a record of all proceedings, minutes, certificates, contracts, bonds, or employees and other business transacted by the managers;

(3)    Adopt bylaws and regulations consistent with the chapter;

(4)    Meet annually and such other times as may be necessary. A meeting may be called at any time by the chairman or at the request of any manager through the chairman. When so requested the secretary of the district shall mail a notice of such meeting to each member at least ten days prior thereto.

Source: SL 1957, ch 492, § 15; SL 1959, ch 452, § 12; SDC Supp 1960, § 61.1515; SDCL, § 46-24-43; SL 1993, ch 256, § 86.