South Dakota Statutes
§ 47-21-1 — Definitions.
Terms used in this chapter mean:
(1)"Cooperative," any corporation organized under this chapter or which becomes subject to this chapter in the manner hereinafter provided;
(2)"Person," any natural person, firm, association, corporation, limited liability company, business trust, partnership, federal agency, state or political subdivision, or agency thereof, or any body politic;
(3)"Rural area," any area certified to a rural electric cooperative under the provisions of chapter 49-34A , or an area in which it is permitted to serve under the provisions of chapter 49-34A .
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Legislative History
SL 1947, ch 33, § 3; SDC Supp 1960, § 11.2203; SL 1963, ch 33; SL 1965, ch 254, § 2; SL 1969, ch 231, § 63; SL 1970, ch 261, § 2; SL 1975, ch 283, § 58; SL 1994, ch 351, § 122.
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Repealed§ 47-1-3
Repealed§ 47-10-1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.