South Dakota Statutes
§ 47-21-2 — Purpose and authority.
South Dakota § 47-21-2
This text of South Dakota § 47-21-2 (Purpose and authority.) 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 § 47-21-2 (2026).
Text
Cooperatives may be organized under this chapter for any lawful purpose except banking, securities, and insurance. Cooperatives proposing to provide local exchange telephone service in a rural telephone company's service area may do so only in compliance with the procedures contained in section 251(f) of the Communication Act of 1934, as amended by the Telecommunications Act of 1996.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Satellite Cable Services, Inc. v. Northern Electric Cooperative, Inc.
1998 SD 67 (South Dakota Supreme Court, 1998)
Satellite Cable Serv.
1998 SD 67 (South Dakota Supreme Court, 1998)
Legislative History
SL 1947, ch 33, § 2; SDC Supp 1960, § 11.2202; SL 1989, ch 392, § 1; SL 1994, ch 349, § 1; SL 1997, ch 258, § 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Repealed§ 47-1-3
Repealed§ 47-10-1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.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 47-21-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-21-2.