There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 47 CORPORATIONS
Chapter 15. Cooperatives--Formation And General Powers
§47-15-11 Effect of amendment.
SD Codified L § 47-15-11 (through 2011) What's This?
47-15-11. Effect of amendment. No amendment to the articles may affect any existing cause of action or proceeding to which the cooperative is a party or existing rights of persons other than members or stockholders.
Source: SDC 1939, § 11.1136 (3) as enacted by SL 1965, ch 23, § 1.
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