South Dakota HOA Board Procedures: Governed by the Nonprofit Corporation Act, SDCL ch. 47-22 to 47-28

An HOA organized as a nonprofit corporation is governed by the Nonprofit Corporation Act, SDCL ch. 47-22 to 47-28. Under SDCL 47-24-1 each corporation must keep complete books, records of account, and minutes, and SDCL 47-24-2 provides that "all books and records of a corporation may be inspected by any member, or his agent or attorney, for any proper purpose at any reasonable time." An annual members' meeting is required (SDCL 47-23-4); special meetings may be called by the president, the board, or members holding one-twentieth of the voting power (SDCL 47-23-5); written notice runs not less than ten nor more than fifty days before the meeting (SDCL 47-23-7); each member has one vote unless limited (SDCL 47-23-8); and one-tenth of the votes is a quorum (SDCL 47-23-12). There must be at least three directors (SDCL 47-23-14), elected as the articles or bylaws provide (SDCL 47-23-16). The Act imposes no open-board-meeting requirement.

No specific statutory penalty. If a corporation refuses a proper-purpose records inspection under SDCL 47-24-2 or ignores the meeting and notice rules in SDCL 47-23-4 to 47-23-7, a member's recourse is to demand compliance and, if needed, seek a court order compelling it. The Act sets no fine for noncompliance.