47-21-25. Consolidating cooperatives.
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/sd/title-47/chapter-47-21/47-21-25A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any two or more cooperatives (each of which is hereinafter designated a "consolidating cooperative"), may consolidate into a new cooperative (hereinafter designated the "new cooperative") by complying with the requirements of §§ 47-21-26 and 47-21-27 .