South Dakota Statutes
§ 47-21-52 — Liability of members for acts of cooperative.
South Dakota § 47-21-52
This text of South Dakota § 47-21-52 (Liability of members for acts of cooperative.) 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 § 47-21-52 (2026).
Text
No member shall be liable or responsible for any debts of the cooperative and the property of the members shall not be subject to execution therefor.
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Legislative History
SL 1947, ch 33, § 25; SDC Supp 1960, § 11.2225.
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Repealed§ 47-1-3
Repealed§ 47-10-1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 § 47-21-52, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-21-52.