South Dakota § 47-14A-29 - Action by trustees--Notice and meeting not necessary if consent exists--Proxy.
Full text of South Dakota South Dakota Codified Laws § 47-14A-29 — Action by trustees--Notice and meeting not necessary if consent exists--Proxy., with citation guidance and answers to common questions.
§ 47-14A-29. Action by trustees--Notice and meeting not necessary if consent exists--Proxy.
Unless otherwise provided in the governing instrument of a business trust, on any matter that is to be voted on by the trustees:
(1) The trustees may take such action without a meeting, without a prior notice and without a vote if a consent or consents in writing, setting forth the action so taken, shall be signed by the trustees having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all trustees entitled to vote thereon were present and voted; and
(2) The trustee may vote in person or by proxy.
Source: SL 2001, ch 245, § 29.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 47-14A-29
What does South Dakota Codified Laws § 47-14A-29 cover?
Section 47-14A-29 ("Action by trustees--Notice and meeting not necessary if consent exists--Proxy.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 47-14A-29?
A common citation format is "South Dakota Codified Laws § 47-14A-29" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 47-14A-29 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.