South Dakota Statutes
§ 47-18-21 — Action as staying all other proceedings.
The filing of an action under § 47-18-17 operates as a stay of all other proceedings against the cooperative until such time as the court issues its final judgment or directs otherwise.
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Related
Veblen District v. Multi-Community Cooperative Dairy
2012 S.D. 26 (South Dakota Supreme Court, 2012)
Legislative History
SDC 1939, § 11.1145 (5) as enacted by SL 1965, ch 23, § 1.
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Repealed§ 47-1-3
Repealed§ 47-10-1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.