South Dakota Statutes

§ 47-16-31 — Missing securities--Issuance of duplicate.

South Dakota·Title 47 CORPORATIONS·Ch. 47-14B COOPERATIVES--MEMBERSHIP, STOCK AND DISTRIBUTIONS
When a security issued by a cooperative is missing, the cooperative shall issue a duplicate security if the owner so requests and furnishes an indemnity acceptable to the cooperative.

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Legislative History

SDC 1939, § 11.1121 (1) as enacted by SL 1965, ch 23, § 1.

Nearby Sections

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