<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-21-8 - Amendment of articles--Procedure--Two-thirds vote required. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069118Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069118SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069118CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069118CL-000000 { font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069118Normal-000001 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069118DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069118DefaultParagraphFont-000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069118000003 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069118SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069118SCL-000004 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2069118Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-21-8"><span class="s2069118SENU">47-21-8</span></a><span xml:space="preserve" class="s2069118SENU">. </span><span class="s2069118CL">Amendment of articles--Procedure--Two</span><span class="s2069118CL-000000">-</span><span class="s2069118CL">thirds vote required.</span></p><p dir="ltr" class="s2069118Normal-000001"><span xml:space="preserve" class="s2069118DefaultParagraphFont">A cooperative may amend its articles of incorporation by complying with the requirements of this section and § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-21-9"><span class="s2069118DefaultParagraphFont">47-21-9</span></a><span xml:space="preserve" class="s2069118DefaultParagraphFont">, provided, however, that a change of location of principal office may be effected in the manner set forth in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-21-76"><span class="s2069118DefaultParagraphFont">47-21-76</span></a><span class="s2069118DefaultParagraphFont">. The proposed amendment shall be presented to a meeting of the members, the notice of which shall set forth or have attached thereto the proposed amendment. If the proposed amendment, with any changes, is approved by the affirmative vote of not less than two</span><span class="s2069118DefaultParagraphFont-000002">-</span><span class="s2069118DefaultParagraphFont">thirds of those members voting thereon at such meeting, articles of amendment shall be executed and acknowledged on behalf of the cooperative by its president or vice</span><span class="s2069118DefaultParagraphFont-000002">-</span><span class="s2069118DefaultParagraphFont">president and its seal shall be affixed thereto and attested by its secretary.</span></p><p dir="ltr" class="s2069118Normal"><span xml:space="preserve" class="s2069118000003"> </span></p><p dir="ltr" class="s2069118Normal"><span class="s2069118SCL">Source:</span><span xml:space="preserve" class="s2069118SCL-000004"> SL 1947, ch 33, § 15; SDC Supp 1960, § 11.2215.</span></p></div></body></html>