South Dakota § 47-21-63 Powers of cooperative--Dealing in property and equipment.

South Dakota Statutes

§ 47-21-63 — Powers of cooperative--Dealing in property and equipment.

South Dakota § 47-21-63

Title 47CORPORATIONS

Ch. 47-21RURAL ELECTRIC COOPERATIVES

This text of South Dakota § 47-21-63 (Powers of cooperative--Dealing in property and equipment.) 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 § 47-21-63 (2026).

Text

A cooperative may construct, purchase, lease as lessee, or otherwise acquire, and equip, maintain, and operate, and sell, assign, convey, lease as lessor, mortgage, pledge, or otherwise dispose of or encumber, transmission and distribution lines or systems, electric generating plants, land, buildings, structures for office, distribution of energy or warehousing, dams, plants and equipment, which are necessary to accomplish the purpose for which the cooperative is organized.

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A cooperative may construct, purchase, lease as lessee, or otherwise acquire, and equip, maintain, and operate, and sell, assign, convey, lease as lessor, mortgage, pledge, or otherwise dispose of or encumber, transmission and distribution lines or systems, electric generating plants, land, buildings, structures for office, distribution of energy or warehousing, dams, plants and equipment, which are necessary to accomplish the purpose for which the cooperative is organized.