47-15-16.   Bylaws--Adoption and amendment. Bylaws may be adopted and amended only by the members, unless the members adopt a bylaw which permits the board to make and amend specified bylaws. Any bylaw adopted or amended by the board shall be reported at the next regular member meeting. Any such bylaw shall be at any time subject to amendment or repeal by the members.

Source: SDC 1939, § 11.1109 as enacted by SL 1965, ch 23, § 1.

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