There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 47 CORPORATIONS
Chapter 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- §47-16-43 Repealed.
- §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.
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