South Dakota Statutes

§ 47-16-29 — Stock subscriptions--Irrevocability.

South Dakota·Title 47 CORPORATIONS·Ch. 47-14B COOPERATIVES--MEMBERSHIP, STOCK AND DISTRIBUTIONS
A subscription for stock of a cooperative is irrevocable for six months unless otherwise provided by the subscription agreement or unless all subscribers consent to the revocation.

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South Dakota § 47-16-29 (Stock subscriptions--Irrevocability.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SDC 1939, § 11.1120 as enacted by SL 1965, ch 23, § 1.

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