South Dakota Codified Laws
Title 47 - Corporations
Chapter 15 - Cooperatives--Formation And General Powers

Section 47-15-1 - Definitions. - 47-15-1. Definitions. Terms used in chapters 47-15 to 47-20, inclusive,...

Section 47-15-2 - Purposes--Banking and insurance prohibited. - 47-15-2. Purposes--Banking and insurance prohibited. Cooperatives may be organized under...

Section 47-15-3 - Requisites for formation. - 47-15-3. Requisites for formation. Three or more individuals of legal...

Section 47-15-4 - Articles of incorporation--Contents. - 47-15-4. Articles of incorporation--Contents. The articles of incorporation shall set...

Section 47-15-5 - Particular provisions in articles or bylaws. - 47-15-5. Particular provisions in articles or bylaws. It is not...

Section 47-15-6 - Filing articles with secretary of state--Beginning of corporate existence. - 47-15-6. Filing articles with secretary of state--Beginning of corporate existence....

Section 47-15-7 - Issuance of certificate of incorporation--Certificate as conclusive evidence of proper incorporation. - 47-15-7. Issuance of certificate of incorporation--Certificate as conclusive evidence of...

Section 47-15-8 - Amendment of articles--Majority vote required. - 47-15-8. Amendment of articles--Majority vote required. At any member meeting,...

Section 47-15-9 - Procedure for amending articles. - 47-15-9. Procedure for amending articles. When any amendment to the...

Section 47-15-10 - Filing with secretary of state--Certificate of amendment. - 47-15-10. Filing with secretary of state--Certificate of amendment. One copy...

Section 47-15-11 - Effect of amendment. - 47-15-11. Effect of amendment. No amendment to the articles may...

Section 47-15-12 - Articles and bylaws--Action to invalidate amendment--Limitations. - 47-15-12. Articles and bylaws--Action to invalidate amendment--Limitations. No action may...

Section 47-15-13 - Bankruptcy proceeding as amendment. - 47-15-13. Bankruptcy proceeding as amendment. Certified copies of any order...

Section 47-15-14 - Amendment converting corporation to cooperative. - 47-15-14. Amendment converting corporation to cooperative. Any corporation may convert...

Section 47-15-15 - Adoption of restated articles. - 47-15-15. Adoption of restated articles. A cooperative may, by action...

Section 47-15-16 - Bylaws--Adoption and amendment. - 47-15-16. Bylaws--Adoption and amendment. Bylaws may be adopted and amended...

Section 47-15-17 - Bylaws--Majority vote. - 47-15-17. Bylaws--Majority vote. Unless the bylaws provide otherwise, any bylaw...

Section 47-15-20 - Offices and agents of preexisting cooperatives. - 47-15-20. Offices and agents of preexisting cooperatives. For the purposes...

Section 47-15-27 - Powers of cooperatives--Existence. - 47-15-27. Powers of cooperatives--Existence. Unless otherwise provided by its articles,...

Section 47-15-28 - Powers of cooperatives--Actions. - 47-15-28. Powers of cooperatives--Actions. Unless otherwise provided by its articles,...

Section 47-15-29 - Powers of cooperatives--Seals. - 47-15-29. Powers of cooperatives--Seals. Unless otherwise provided by its articles,...

Section 47-15-30 - Powers of cooperatives--Contracts--Encumbrances. - 47-15-30. Powers of cooperatives--Contracts--Encumbrances. Unless otherwise provided by its articles,...

Section 47-15-31 - Powers of cooperatives--Securities holdings. - 47-15-31. Powers of cooperatives--Securities holdings. Unless otherwise provided by its...

Section 47-15-32 - Powers of cooperatives--Investments and lending. - 47-15-32. Powers of cooperatives--Investments and lending. Unless otherwise provided by...

Section 47-15-33 - Powers of cooperatives--Territorial. - 47-15-33. Powers of cooperatives--Territorial. Unless otherwise provided by its articles,...

Section 47-15-34 - Powers of cooperatives--Officers and agents. - 47-15-34. Powers of cooperatives--Officers and agents. Unless otherwise provided by...

Section 47-15-35 - Powers of cooperatives--Bylaws. - 47-15-35. Powers of cooperatives--Bylaws. Unless otherwise provided by its articles,...

Section 47-15-36 - Powers of cooperatives--Donations. - 47-15-36. Powers of cooperatives--Donations. Unless otherwise provided by its articles,...

Section 47-15-37 - Powers of cooperatives--Indemnification of agents. - 47-15-37. Powers of cooperatives--Indemnification of agents. Unless otherwise provided by...

Section 47-15-38 - Powers of cooperatives--Cessation of activities. - 47-15-38. Powers of cooperatives--Cessation of activities. Unless otherwise provided by...

Section 47-15-39 - Powers of cooperatives--Effectuation of purpose. - 47-15-39. Powers of cooperatives--Effectuation of purpose. Unless otherwise provided by...

Section 47-15-40 - Promotion expenses--Commissions on stock sales--Limitations. - 47-15-40. Promotion expenses--Commissions on stock sales--Limitations. No cooperative funds may...

Section 47-15-41 - Use of term "cooperative". - 47-15-41. Use of term "cooperative". The term "cooperative" or any...

Section 47-15-42 - Unauthorized use of term "cooperative" as petty offense. - 47-15-42. Unauthorized use of term "cooperative" as petty offense. No...

Section 47-15-43 - Injunction against unauthorized use of term "cooperative". - 47-15-43. Injunction against unauthorized use of term "cooperative". Any cooperative...

Section 47-15-44 - Cooperatives governed by chapter--Preexisting cooperatives. - 47-15-44. Cooperatives governed by chapter--Preexisting cooperatives. All foreign and domestic...

Section 47-15-45 - Continuation of preexisting cooperatives. - 47-15-45. Continuation of preexisting cooperatives. Corporations organized before July 1,...

Section 47-15-46 - Duration of existence of preexisting cooperatives. - 47-15-46. Duration of existence of preexisting cooperatives. Cooperatives organized prior...

Section 47-15-47 - Method of giving notice--Waiver of notice. - 47-15-47. Method of giving notice--Waiver of notice. If notice is...

Section 47-15-48 - Cooperatives governed by other laws. - 47-15-48. Cooperatives governed by other laws. The provisions of chapters...

Section 47-15-49 - Severability and saving clause. - 47-15-49. Severability and saving clause. If any provision of chapters...

Section 47-15-50 - Citation of cooperative provisions. - 47-15-50. Citation of cooperative provisions. Chapters 47-15 to 47-20, inclusive,...

Section 47-15-51 - Filing false document as felony. - 47-15-51. Filing false document as felony. A person who files,...