South Dakota Statutes
§ 47-15-3 — Requisites for formation.
South Dakota § 47-15-3
This text of South Dakota § 47-15-3 (Requisites for formation.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 47-15-3 (2026).
Text
Three or more individuals of legal age, one of whom must be a resident, may form a cooperative by signing, acknowledging, filing, and recording articles of incorporation.
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Legislative History
SDC 1939, § 11.1104 as enacted by SL 1965, ch 23, § 1; SL 2018, ch 260, § 2.
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Repealed§ 47-1-3
Repealed§ 47-10-1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
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Bluebook (online)
South Dakota § 47-15-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-15-3.