Procedure for amending articles.

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47-15-9. Procedure for amending articles.

When any amendment to the articles is adopted, the president and secretary of the cooperative shall prepare and sign in duplicate, a certificate sealed with the seal of the cooperative, if it has a seal, stating:

(1)The name of the cooperative;

(2)The amendment and date of adoption;

(3)The number of members voting for and against the amendment;

(4)The number of members attending the meeting and a statement that such number constituted a quorum of members;

(5)That the notice of the meeting of members was given as required by law.

Source: SDC 1939, §11.1136 (1) as enacted by SL 1965, ch 23, §1.


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