2019 South Dakota Codified Laws
Title 47 - Corporations
Chapter 21 - Rural Electric Cooperatives
§ 47-21-23 Submission of conversion proposition to stockholders--Notice of meeting.

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).

Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.