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2018 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 21 - Rural Electric Cooperatives
§ 47-21-23 Submission of conversion proposition to stockholders--Notice of meeting.
Universal Citation: SD Codified L § 47-21-23 (2018)
47-21-23. Submission of conversion proposition to stockholders--Notice of meeting. The proposition for the conversion of the corporation described in § 47-21-22 into a cooperative and proposed articles of conversion to give effect thereto shall be submitted to a meeting of the members or stockholders of such corporation, or in case of a corporation having no members or stockholders, to a meeting of the incorporators of such corporation, the notice of which shall have attached thereto a copy of the proposed articles of conversion.
Source: SL 1947, ch 33, § 20; SDC Supp 1960, § 11.2220 (1).
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