South Dakota 16 — Cooperatives--Membership, Stock And Distributions
- 47-16-1 — Classes of members--Provisions in bylaws.
- 47-16-2 — Annual member meeting--Time of meeting.
- 47-16-3 — Special meetings.
- 47-16-4 — Place of meetings.
- 47-16-5 — Notice of meetings--Contents of notice.
- 47-16-6 — Notice to delegates or alternates.
- 47-16-7 — Quorum provisions--Computation of quorum--Quorum for district meeting.
- 47-16-8 — Action without meeting.
- 47-16-9 — Consent to action without meeting.
- 47-16-10 — Votes at meeting.
- 47-16-11 — Votes by member cooperatives.
- 47-16-12 — Vote by member owning membership stock.
- 47-16-13 — Proxy votes--Delegate votes.
- 47-16-14 — Absentee voting.
- 47-16-15 — Voting by representatives.
- 47-16-16 — Voting by organizations.
- 47-16-17 — Voting rights conditioned upon membership payment.
- 47-16-18 — Other votes prohibited.
- 47-16-19 — Bylaws provisions for voting.
- 47-16-20 — Percentage of vote.
- 47-16-21 — Capital stock--Classes of stock.
- 47-16-22 — Membership stock--Transfer of stock.
- 47-16-23 — Cooperative dealing in own stock.
- 47-16-24 — Consideration for stock.
- 47-16-25 — Reacquisition of stock.
- 47-16-26 — Stockholders' preemptive rights.
- 47-16-27 — Stock certificates--Conditions to issuance.
- 47-16-28 — Statements required on stock certificates.
- 47-16-29 — Stock subscriptions--Irrevocability.
- 47-16-30 — Liability of subscribers.
- 47-16-31 — Missing securities--Issuance of duplicate.
- 47-16-32 — Missing securities--Redemption--Procedure.
- 47-16-33 — Liability on securities wrongfully transferred--Notice.
- 47-16-34 — Definition of transfers and transferors.
- 47-16-35 — Actions by stockholders or members--Allegations respecting ownership.
- 47-16-36 — Actions by stockholders or members--Additional allegations.
- 47-16-37 — Approval of court required for termination of action.
- 47-16-38 — Expenses of maintaining action--Disposition of proceeds.
- 47-16-39 — Security for costs--Amount of security.
- 47-16-40 — Distribution of net proceeds.
- 47-16-41 — Deductions from total proceeds.
- 47-16-42 — Procedure for distribution.
- 47-16-43 — Educational fund.
- 47-16-44 — Payments to employees.
- 47-16-45 — Dividends on capital stock--Conditions to payment.
- 47-16-46 — Distributions to patrons.
- 47-16-47 — Creation of reserves--Credit to patrons.
- 47-16-48 — Ratio of patronage as determining payment to patron.
- 47-16-49 — Classification of patrons.
- 47-16-50 — Credit to surplus and reserves.
- 47-16-51 — Remaining funds--Distribution to patrons--Distinction between members and nonmembers--Classification of patrons.
- 47-16-52 — Manner of payment.
- 47-16-53 — Application of proceeds to prior losses.
- 47-16-54 — Unclaimed credits--Forfeiture to cooperative.
- 47-16-55 — Procedure for forfeiture--Resolution--Time limit for claim.
- 47-16-56 — Notice to claimant--Contents of notice.
- 47-16-57 — Notice by publication.
- 47-16-58 — Applicability to preexisting claims.
- 47-16-59 — Discretionary payment to claimant after forfeiture.
- 47-16-60 — Filing false document as felony.
- 47-16-61 — Report of forfeited sums to administrator.