40-25-4. Amendment of articles by association--Procedure--Filing of amendment. Any purebred livestock registry association may amend its articles of incorporation by a majority vote of its stockholders at any regular stockholders' meeting or at any special stockholders' meeting called for that purpose upon thirty days' written notice to the stockholders, a copy of such notice to be mailed separately to each stockholder at his last known address or to be published in a newspaper located nearest to the principal place of business of such association for at least two weeks next preceding the time of holding such meeting, which notice shall state the time and place of the meeting and the amendment or amendments to be proposed. Any amendment to the articles of incorporation may be made which could have been made as a provision of the original articles. Within thirty days after the adoption of the amendment to its articles of incorporation the association shall cause a copy of such amendment, properly certified by the presiding officer and secretary of the meeting at which such amendment was made, to be recorded in the Office of the Secretary of State and any amendment so adopted and recorded shall be a part of the Constitution and bylaws of the association.
Source: SDC 1939, § 40.1603.
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