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South Dakota Codified Laws

Chapter 47-18

S.D. Codified Laws ch. 47-18

Cooperatives--reorganization and Dissolution

47-18-1Merger or consolidation--Preparation of plan--Approval of plan.47-18-2Articles of merger or consolidation--Contents--Effective date.47-18-3Effect of merger or consolidation--Surviving cooperative.47-18-4Rights and duties of surviving cooperative.47-18-5Amendment of surviving cooperative's articles.47-18-5.1Merger or consolidation of cooperative and its subsidiary.47-18-6Division of cooperative--Plan of division--Approval of plan.47-18-7Manner of approval of plan.47-18-8Articles of division--Contents and filing.47-18-9Disposal of assets--Authorization by members--Notice and approval.47-18-10Mortgaging assets to secure payment of debts.47-18-11Voluntary dissolution--Notice and approval.47-18-12Liquidation of assets--Distribution of proceeds.47-18-13Certificate of dissolution--Contents of certificate.47-18-14Filing and recording certificate of dissolution.47-18-15Involuntary dissolution--Action by attorney general--Grounds for involuntary dissolution.47-18-16Default cured prior to entry of decree--Abatement of action.47-18-16.1RepealedRepealed 47-18-16.2Petition for reinstatement--Filing fee--Penalty for expired years.47-18-16.3Administrative dissolution of cooperative.47-18-16.4Notice of grounds for dissolution--Time limit for corrections--Subsequent existence--Authority of agent.47-18-16.5Application for reinstatement.47-18-16.6Denial of reinstatement--Appeal--Court action.47-18-17Liquidation of assets by court--Proper parties to bring action.47-18-18Power and authority of court--Appointment of receiver.47-18-19Creditors' claims--Notice--Time for filing.47-18-20Decree of dissolution--Filing and recording.47-18-21Action as staying all other proceedings.47-18-22Dismissal of action.47-18-23Title to property omitted from final distribution.47-18-24Appointment of trustee for property.47-18-25Court supervision of trustee.47-18-26Assets distributable to unknown persons--Deposit in state treasury--Subsequent claim--Time limitation.47-18-27Dissolution as not impairing preexisting rights--Time limitation.47-18-28Filing false document as felony.