Certificate of dissolution--Contents of certificate.

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47-18-13. Certificate of dissolution--Contents of certificate.

A certificate of dissolution of a cooperative shall be signed by a majority of directors or of committee members and shall be sealed with the cooperative's seal, if any, stating:

(1)The name of the cooperative;

(2)The name and address of each director or committee member;

(3)The date of adoption of the resolution of dissolution;

(4)A statement that all liquidation activities have been completed and that there are no suits pending against the cooperative.

Source: SDC 1939, §11.1143 (3) as enacted by SL 1965, ch 23, §1.


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