South Dakota Statutes
§ 47-18-16.3 — Administrative dissolution of cooperative.
South Dakota § 47-18-16.3
This text of South Dakota § 47-18-16.3 (Administrative dissolution of cooperative.) 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 § 47-18-16.3 (2026).
Text
The secretary of state may commence a proceeding under § 47-18-16.4 to administratively dissolve a cooperative if:
(1)The cooperative does not pay within sixty days after they are due any fees or penalties imposed by chapters 47-15 to 47-20 , inclusive, or other law;
(2)The cooperative does not deliver its annual report to the secretary of state within sixty days after it is due;
(3)The cooperative is without a registered agent or registered office in this state for sixty days or more;
(4)The cooperative does not notify the secretary of state within sixty days that its registered agent has been changed or that its registered agent has resigned; or (5) The cooperative's period of duration stated in its articles of incorporation expires.
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Legislative History
SL 1989, ch 390, § 7; SL 2008, ch 275, § 58.
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Repealed§ 47-1-3
Repealed§ 47-10-1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 § 47-18-16.3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-18-16.3.