Purposes--Banking and insurance prohibited.

  1. Law
  2. South Dakota Codified Laws
  3. Corporations
  4. Cooperatives Formation And General Powers
  5. Purposes--Banking and insurance prohibited.

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47-15-2. Purposes--Banking and insurance prohibited.

Cooperatives may be organized under this chapter for any lawful purpose except banking and insurance.

Source: SDC 1939, §11.1102 as enacted by SL 1965, ch 23, §1; SL 1978, ch 337.


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