40-25-8. Voting by stockholders or members–Proxy voting.
No person shall be entitled to more than one vote at any stockholders’ meeting no matter how many shares of stock or membership certificates in a purebred livestock registry association he may hold, but nothing in this section shall prevent any person from exercising the voting rights of any other person or persons by virtue of a proxy, in accordance with the bylaws of the association.
Source: SDC 1939, §40.1607.