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2017 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 18 - Cooperatives--Reorganization And Dissolution
§ 47-18-16 Default cured prior to entry of decree--Abatement of action.
Universal Citation: SD Codified L § 47-18-16 (2017)
47-18-16. Default cured prior to entry of decree--Abatement of action. If the cooperative cures a default under subdivision 47-18-15(3) prior to entry of the court's final decree in an action brought under § 47-18-15 and pays all penalties and court costs that have accrued, the cause of action with respect to the default so cured will abate.
Source: SDC 1939, § 11.1144 (2) as enacted by SL 1965, ch 23, § 1; SL 1989, ch 390, § 6.
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