South Dakota Statutes
§ 47-15-2 — Purposes--Banking and insurance prohibited.
Cooperatives may be organized under this chapter for any lawful purpose except banking and insurance.
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South Dakota § 47-15-2 (Purposes--Banking and insurance prohibited.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
South Dakota Farm Bureau, Inc. v. Hazeltine
202 F. Supp. 2d 1020 (D. South Dakota, 2002)
Legislative History
SDC 1939, § 11.1102 as enacted by SL 1965, ch 23, § 1; SL 1978, ch 337.
Nearby Sections
15
§ 47-1-1
Repealed§ 47-1-3
Repealed§ 47-10-1
Purposes of corporations.§ 47-10-10
Incorporators.§ 47-10-11
Directors--Number and term of office.§ 47-10-13
Accumulation of surplus--Use of surplus.§ 47-10-14
Persons authorized to hold common stock.§ 47-10-18
Nonstockholder members--Duty to lend.§ 47-10-2
Powers of corporations.