47-15-45. Continuation of preexisting cooperatives.
33 words·~1 min read·
/sd/title-47/chapter-47-15/47-15-45A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Corporations organized before July 1, 1965, under the provisions of chapters 4.16 and 11.10 of the South Dakota Code of 1939 shall continue in existence, but no new corporations may be formed thereunder.