South Dakota 21 — Rural Electric Cooperatives
- 47-21-1 — Definitions.
- 47-21-2 — Purpose and authority.
- 47-21-3 — Name of cooperative--Exceptions.
- 47-21-4 — Exclusive use of particular words.
- 47-21-5 — Requirement that name be distinct.
- 47-21-6 — Incorporators--Requisites and qualifications.
- 47-21-7 — Articles of incorporation--Unnecessary recitals--Signing of articles.
- 47-21-8 — Amendment of articles--Procedure--Two-thirds vote required.
- 47-21-9 — Required recitals in amendment--Affidavit of compliance.
- 47-21-10 — Board of directors--Bylaws--Meetings by teleconference.
- 47-21-11 — Compensation of directors.
- 47-21-12 — First directors--Term of office.
- 47-21-13 — Election of directors--Maximum term of office.
- 47-21-14 — Quorum of directors.
- 47-21-15 — Husband and wife as directors.
- 47-21-16 — Powers of board of directors.
- 47-21-17 — Directors not disqualified from acknowledging instruments.
- 47-21-18 — Adoption of first bylaws by directors--Subsequent bylaws adopted by members.
- 47-21-19 — Provisions of bylaws.
- 47-21-20 — Bylaw provision dividing area served into districts--Election of directors by districts--District meetings--Proxy voting prohibited.
- 47-21-21 — Officers--Election and qualifications--Removal of officers.
- 47-21-21.1 — Indemnification of agents for liability from good faith acts on behalf of cooperative.
- 47-21-22 — Conversion of corporation into cooperative.
- 47-21-23 — Submission of conversion proposition to stockholders--Notice of meeting.
- 47-21-24 — Two-thirds vote required for approval--Articles of conversion--Contents of articles--Affidavit of compliance.
- 47-21-25 — Consolidating cooperatives.
- 47-21-26 — Submission of consolidation proposition to members--Notice of meeting.
- 47-21-27 — Majority vote required for approval--Articles of consolidation--Contents of articles--Affidavit of compliance.
- 47-21-28 — Merging cooperatives.
- 47-21-29 — Submission of merger proposition to members--Notice of meeting.
- 47-21-30 — Majority vote required for approval--Articles of merger--Contents of articles--Affidavitof compliance.
- 47-21-31 — Articles of consolidation as governing consolidated cooperative--Articles of survivingcooperative as governing merged cooperative.
- 47-21-32 — Transfer of rights and obligations to surviving cooperative.
- 47-21-33 — Liabilities after consolidation or merger--Preexisting claims--Substitution of parties.
- 47-21-34 — Rights of creditors and lienors unaffected by consolidation or merger.
- 47-21-35 — Dissolution before commencement of business--Articles of dissolution--Majority approvalrequired--Contents of articles.
- 47-21-36 — Dissolution after commencement of business.
- 47-21-37 — Submission of dissolution proposition to members--Majority vote required.
- 47-21-38 — Certificate of election to dissolve--Contents of certificate--Submission to secretary ofstate.
- 47-21-39 — Cessation of business--Continuance of corporate existence--Notice to creditors--Publication.
- 47-21-40 — Liquidation of affairs of cooperative--Distribution of assets--Rights of patrons--Rights ofmembers--Distribution of remains.
- 47-21-41 — Articles of dissolution--Contents of articles.
- 47-21-42 — Delivery of articles to secretary of state--Fees--Effective date of action--Certificates ofelection to dissolve.
- 47-21-43 — Fee schedule of secretary of state.
- 47-21-44 — Encumbering cooperative property in favor of governmental agency permitted.
- 47-21-45 — Circumstances under which property may be transferred--Majority vote required--Transfer to security holders.
- 47-21-46 — Place of recordation of encumbrance.
- 47-21-47 — After-acquired property as subject to encumbrance--Recordation as notice.
- 47-21-48 — Encumbrance against personal property--Continuance of lien without refiling.
- 47-21-49 — Members of cooperatives--Qualifications.
- 47-21-50 — Use of electric energy required--Failure to make energy available.
- 47-21-51 — Husband and wife as members--Membership not transferable--Additional qualificationsof members.
- 47-21-52 — Liability of members for acts of cooperative.
- 47-21-53 — Annual members' meeting.
- 47-21-54 — Special meetings for members--Procedure for calling.
- 47-21-55 — Notice of meeting--Contents of notice--Method of giving notice.
- 47-21-56 — Quorum for members' meetings--Quorum for district meeting--Adjournment for failure ofquorum.
- 47-21-57 — Voting by members--Spouse voting for member--Mail voting.
- 47-21-58 — Waiver of notice--Attendance as waiver--Exceptions.
- 47-21-59 — Powers of cooperative--Capacity to sue and be sued.
- 47-21-60 — Powers of cooperative--Perpetual existence.
- 47-21-61 — Powers of cooperative--Corporate seal.
- 47-21-62 — Powers of cooperative--Generation and distribution of electric energy.
- 47-21-63 — Powers of cooperative--Dealing in property and equipment.
- 47-21-64 — Powers of cooperative--Franchises, licenses and easements.
- 47-21-65 — Powers of cooperative--Borrowing--Security for borrowing.
- 47-21-66 — Powers of cooperative--Construction and maintenance of facilities on public lands.
- 47-21-67 — Powers of cooperative--Eminent domain.
- 47-21-68 — Powers of cooperative--Joining other cooperatives.
- 47-21-69 — Powers of cooperative--Extraterritorial powers.
- 47-21-70 — Powers of cooperative--Bylaws.
- 47-21-71 — Powers of cooperative--Other powers.
- 47-21-72 — Requirement that cooperative be nonprofit--Disposition of revenues.
- 47-21-72.1 — Directors not liable for distribution in good faith reliance on financial statements oraccountants' reports.
- 47-21-73 — Municipal corporation or county grant to use public streets.
- 47-21-74 — Foreign cooperatives--Conditions to local operation--Statement to secretary of state--Contents of statement.
- 47-21-75 — Construction standards--Minimum vertical clearance.
- 47-21-76 — Change of location of principal office--Certificate to secretary of state.
- 47-21-77 — Securities regulation laws inapplicable.
- 47-21-78 — Construction of chapter.
- 47-21-79 — Limitation of actions.
- 47-21-80 — Severability and saving clause.
- 47-21-81 — Citation of chapter.
- 47-21-82 — Cooperatives able to use property and funds to promote economic development and maylend money--Restrictions on loans.
- 47-21-83 — Forfeiture of unclaimed credits.
- 47-21-84 — Application of South Dakota's Public Communications Network Infrastructure.