Submission of merger proposition to members--Notice of meeting.

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47-21-29. Submission of merger proposition to members--Notice of meeting.

The proposition for the merger of the merging cooperatives into the surviving cooperative and proposed articles of merger to give effect thereto shall be submitted to a meeting of the members of each merging cooperative and of the surviving cooperative, the notice of which shall have attached thereto a copy of the proposed articles of merger.

Source: SL 1947, ch 33, §18; SDC Supp 1960, §11.2218 (1).


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