South Dakota Statutes
§ 47-21-49 — Members of cooperatives--Qualifications.
South Dakota § 47-21-49
This text of South Dakota § 47-21-49 (Members of cooperatives--Qualifications.) 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 § 47-21-49 (2026).
Text
Each incorporator of a cooperative shall be a member thereof, but no other person may become a member thereof unless such other person agrees to use electric energy furnished by the cooperative when it is made available through its facilities.
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Legislative History
SL 1947, ch 33, § 9; SDC Supp 1960, § 11.2209.
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Repealed§ 47-1-3
Repealed§ 47-10-1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 § 47-21-49, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-21-49.