South Dakota Statutes
§ 47-21-65 — Powers of cooperative--Borrowing--Security for borrowing.
South Dakota § 47-21-65
This text of South Dakota § 47-21-65 (Powers of cooperative--Borrowing--Security for borrowing.) 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 § 47-21-65 (2026).
Text
A cooperative shall have power to borrow money and otherwise contract indebtedness, and to issue notes, bonds, and other evidences of indebtedness, and to secure the payment thereof by mortgage, pledge, or deed of trust of, or any other encumbrance upon, any or all of its then owned or after - acquired real or personal property, assets, franchises, or revenues.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
SL 1947, ch 33, § 4; SDC Supp 1960, § 11.2204 (7).
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Repealed§ 47-1-3
Repealed§ 47-10-1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 § 47-21-65, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-21-65.