Cooperatives Reorganization And Dissolution

  1. Law
  2. South Dakota Codified Laws
  3. Corporations
  4. Cooperatives Reorganization And Dissolution

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Section
47-18-1

Merger or consolidation--Preparation of plan--Approval of plan.

Section
47-18-2

Articles of merger or consolidation--Contents--Effective date.

Section
47-18-3

Effect of merger or consolidation--Surviving cooperative.

Section
47-18-4

Rights and duties of surviving cooperative.

Section
47-18-5

Amendment of surviving cooperative's articles.

Section
47-18-5.1

Merger or consolidation of cooperative and its subsidiary.

Section
47-18-6

Division of cooperative--Plan of division--Approval of plan.

Section
47-18-7

Manner of approval of plan.

Section
47-18-8

Articles of division--Contents and filing.

Section
47-18-9

Disposal of assets--Authorization by members--Notice and approval.

Section
47-18-10

Mortgaging assets to secure payment of debts.

Section
47-18-11

Voluntary dissolution--Notice and approval.

Section
47-18-12

Liquidation of assets--Distribution of proceeds.

Section
47-18-13

Certificate of dissolution--Contents of certificate.

Section
47-18-14

Filing and recording certificate of dissolution.

Section
47-18-15

Involuntary dissolution--Action by attorney general--Grounds for involuntary dissolution.

Section
47-18-16

Default cured prior to entry of decree--Abatement of action.

Section
47-18-16.1

Repealed.

Section
47-18-16.2

Petition for reinstatement--Filing fee--Penalty for expired years.

Section
47-18-16.3

Administrative dissolution of cooperative.

Section
47-18-16.4

Notice of grounds for dissolution--Time limit for corrections--Subsequent existence--Authority of agent.

Section
47-18-16.5

Application for reinstatement.

Section
47-18-16.6

Denial of reinstatement--Appeal--Court action.

Section
47-18-17

Liquidation of assets by court--Proper parties to bring action.

Section
47-18-18

Power and authority of court--Appointment of receiver.

Section
47-18-19

Creditors' claims--Notice--Time for filing.

Section
47-18-20

Decree of dissolution--Filing and recording.

Section
47-18-21

Action as staying all other proceedings.

Section
47-18-22

Dismissal of action.

Section
47-18-23

Title to property omitted from final distribution.

Section
47-18-24

Appointment of trustee for property.

Section
47-18-25

Court supervision of trustee.

Section
47-18-26

Assets distributable to unknown persons--Deposit in state treasury--Subsequent claim--Time limitation.

Section
47-18-27

Dissolution as not impairing preexisting rights--Time limitation.

Section
47-18-28

Filing false document as felony.