South Dakota Statutes
§ 47-21-1 — Definitions.
South Dakota § 47-21-1
This text of South Dakota § 47-21-1 (Definitions.) 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 § 47-21-1 (2026).
Text
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Repealed§ 47-1-3
Repealed§ 47-10-1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
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Bluebook (online)
South Dakota § 47-21-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-21-1.