reglab/housing_qa huggingface dataset:
SD Codified L § 47-15-16 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-16 - Bylaws--Adoption and amendment.

47-15-16. Bylaws--Adoption and amendment.Bylaws may be adopted and amended only by the members, unless the members adopt a bylaw which permits the board to make and amend specified bylaws. Any bylaw adopted or amended by the board shall be reported at the next regular member meeting. Any such bylaw shall be at any time subject to amendment or repeal by the members. Source: SDC 1939, §11.1109 as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-17 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-17 - Bylaws--Majority vote.

47-15-17. Bylaws--Majority vote.Unless the bylaws provide otherwise, any bylaw may be adopted, amended, or repealed by a majority of the members present at a meeting, provided that the members voting must be sufficient in number to constitute a quorum as provided in chapter 47-16 or by bylaws. Source: SDC 1939, §11.1109 as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-20 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-20 - Offices and agents of preexisting cooperatives.

47-15-20. Offices and agents of preexisting cooperatives.For the purposes of chapters 47-15 to 47-20, inclusive, the street address, or the statement concerning the address, of a cooperative existing on July 1, 1965, becoming subject to said chapters, as set forth in the articles for its business office, shall be considered its registered office and the secretary of the cooperative shall be considered its registered agent unless either is amended pursuant to §47-20-17. Source: SDC 1939, §11.1110 as enacted by SL 1965, ch 23, §1; SL 1989, ch 390, §3; SL 1990, ch 367, §11.
SD Codified L § 47-15-27 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-27 - Powers of cooperatives--Existence.

47-15-27. Powers of cooperatives--Existence.Unless otherwise provided by its articles, a cooperative may exist perpetually. Source: SDC 1939, §11.1103 (1) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-28 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-28 - Powers of cooperatives--Actions.

47-15-28. Powers of cooperatives--Actions.Unless otherwise provided by its articles, a cooperative may sue and be sued. Source: SDC 1939, §11.1103 (2) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-29 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-29 - Powers of cooperatives--Seals.

47-15-29. Powers of cooperatives--Seals.Unless otherwise provided by its articles, a cooperative may have a seal. Source: SDC 1939, §11.1103 (3) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-30 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-30 - Powers of cooperatives--Contracts--Encumbrances.

47-15-30. Powers of cooperatives--Contracts--Encumbrances.Unless otherwise provided by its articles, a cooperative may(1)Make contracts, incur liabilities, and borrow money;(2)Issue certificates representing indebtedness, or representing equity interests in its assets;(3)Acquire property;(4)Dispose of, mortgage, pledge, lease, or otherwise use in any manner any of its property, or any interest therein, wherever situated. Source: SDC 1939, §11.1103 (4) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-31 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-31 - Powers of cooperatives--Securities holdings.

47-15-31. Powers of cooperatives--Securities holdings.Unless otherwise provided by its articles, a cooperative may purchase, take, receive, subscribe for, or otherwise acquire, own, hold, vote, use, employ, sell, mortgage, lend, pledge, or otherwise dispose of, and otherwise use and deal in and with, shares or other interests in, or obligations of, other domestic or foreign cooperatives and corporations, partnerships or individuals, or direct or indirect obligations of the United States or of any other government, state, territory, governmental district, or municipality or of any instrumentality thereof. Source: SDC 1939, §11.1103 (5) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-32 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-32 - Powers of cooperatives--Investments and lending.

47-15-32. Powers of cooperatives--Investments and lending.Unless otherwise provided by its articles, a cooperative may invest its funds, lend money for its purposes, and hold any property as security for repayment. Source: SDC 1939, §11.1103 (6) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-33 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-33 - Powers of cooperatives--Territorial.

47-15-33. Powers of cooperatives--Territorial.Unless otherwise provided by its articles, a cooperative may conduct its business and affairs and have offices and exercise its powers in the United States or in any foreign country. Source: SDC 1939, §11.1103 (7) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-34 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-34 - Powers of cooperatives--Officers and agents.

47-15-34. Powers of cooperatives--Officers and agents.Unless otherwise provided by its articles, a cooperative may elect officers and appoint agents, define their duties, and fix their compensation. Source: SDC 1939, §11.1103 (8) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-35 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-35 - Powers of cooperatives--Bylaws.

47-15-35. Powers of cooperatives--Bylaws.Unless otherwise provided by its articles, a cooperative may make and alter bylaws, consistent with its articles and the laws of this state, for the administration and regulation of its affairs. Source: SDC 1939, §11.1103 (9) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-36 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-36 - Powers of cooperatives--Donations.

47-15-36. Powers of cooperatives--Donations.Unless otherwise provided by its articles, a cooperative may make donations for charitable, scientific, educational, or religious purposes. Source: SDC 1939, §11.1103 (10) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-37 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-37 - Powers of cooperatives--Indemnification of agents.

47-15-37. Powers of cooperatives--Indemnification of agents.Unless otherwise provided by its articles, a cooperative may indemnify any present or former director, officer, or agent against actual expenses necessarily incurred in defense of any proceeding in which he is a party because he is or was such director, officer, or agent. This section does not apply to those proceedings in which he is adjudged liable for negligence or misconduct in the performance of duty. Such indemnification shall not be exclusive of other rights to which he may be entitled. Source: SDC 1939, §11.1103 (11) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-38 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-38 - Powers of cooperatives--Cessation of activities.

47-15-38. Powers of cooperatives--Cessation of activities.Unless otherwise provided by its articles, a cooperative may cease its activities and surrender its franchise. Source: SDC 1939, §11.1103 (12) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-39 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-39 - Powers of cooperatives--Effectuation of purpose.

47-15-39. Powers of cooperatives--Effectuation of purpose.Unless otherwise provided by its articles, a cooperative may exercise all powers necessary or convenient to effect its purposes. Source: SDC 1939, §11.1103 (13) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-40 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-40 - Promotion expenses--Commissions on stock sales--Limitations.

47-15-40. Promotion expenses--Commissions on stock sales--Limitations.No cooperative funds may be used, nor any stock issued, in payment of any promotion expenses in excess of ten percent of the paid-up capital stock or membership fees. No commission or expenses shall be paid on the sale of stock in excess of ten percent of the par value thereof. Source: SDC 1939, §11.1112 as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-41 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-41 - Use of term "cooperative".

47-15-41. Use of term "cooperative".The term "cooperative" or any variation thereof, may be used either by any cooperative organized under this chapter or under other laws of this state relating to cooperative corporations, or by any foreign cooperative licensed to do business in this state or by any association of cooperatives, or corporations, whose members are cooperatives. Source: SDC 1939, §11.1155 (1) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-42 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-42 - Unauthorized use of term "cooperative" as petty offense.

47-15-42. Unauthorized use of term "cooperative" as petty offense.No person other than a cooperative described in §47-15-41 may use the term "cooperative," or any variation thereof, as part of his corporate or other business name or title. No person may in any other manner represent himself to be a cooperative. A violation of this section is a petty offense. Each day of improper use constitutes a separate offense. Source: SDC 1939, §11.1155 (2) as enacted by SL 1965, ch 23, §1; SL 1983, ch 15, §37.
SD Codified L § 47-15-43 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-43 - Injunction against unauthorized use of term "cooperative".

47-15-43. Injunction against unauthorized use of term "cooperative".Any cooperative may obtain an injunction against acts prohibited by §47-15-42 without showing any damage to itself. Source: SDC 1939, §11.1155 (3) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-44 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-44 - Cooperatives governed by chapter--Preexisting cooperatives.

47-15-44. Cooperatives governed by chapter--Preexisting cooperatives.All foreign and domestic cooperatives are governed by the provisions of chapters 47-15 to 47-20, inclusive, except that application of said chapters to cooperative corporations existing before March 18, 1965, does not affect property rights of stockholders or members in such cooperatives which were accrued or established on March 18, 1965, nor does it affect any liability enforceable at such time, nor does it affect the validity or enforceability of contracts existing before March 18, 1965. Source: SDC 1939, §11.1156 as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-45 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-45 - Continuation of preexisting cooperatives.

47-15-45. Continuation of preexisting cooperatives.Corporations organized before July 1, 1965, under the provisions of chapters 4.16 and 11.10 of the South Dakota Code of 1939 shall continue in existence, but no new corporations may be formed thereunder. Source: SL 1965, ch 23, §2; SL 1966, ch 16, §5.
SD Codified L § 47-15-46 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-46 - Duration of existence of preexisting cooperatives.

47-15-46. Duration of existence of preexisting cooperatives.Cooperatives organized prior to July 1, 1965 under the provisions of chapter 4.16 or 11.10 or 11.11 of the South Dakota Code of 1939 or amendments thereof are granted perpetual existence irrespective of the period of existence set forth in the articles of incorporation. Any such cooperative may nevertheless amend its articles to provide for a limited period of existence. Source: SDC 1939, §11.1105 (2) as enacted by SL 1965, ch 23, §1; SL 1966, ch 16, §1.
SD Codified L § 47-15-47 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-47 - Method of giving notice--Waiver of notice.

47-15-47. Method of giving notice--Waiver of notice.If notice is required by chapters 47-15 to 47-20, inclusive, to be given to any person, the notice shall be given either personally, by mail, or electronic transmission. If mailed, the notice is given when deposited in the United States mail, with postage prepaid, addressed to the person's address as it appears on the records of the cooperative. If electronically transmitted, the notice is given when sent.A signed waiver is equivalent to personal notice to the person so signing. Source: SDC 1939, §11.1117 as enacted by SL 1965, ch 23, §1; SL 2018, ch 260, §3.
SD Codified L § 47-15-48 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-48 - Cooperatives governed by other laws.

47-15-48. Cooperatives governed by other laws.The provisions of chapters 47-15 to 47-20, inclusive, shall not apply to cooperatives governed by chapter 40-23 or chapter 47-21. Source: SDC 1939, §11.1156 as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-49 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-49 - Severability and saving clause.

47-15-49. Severability and saving clause.If any provision of chapters 47-15 to 47-20, inclusive, or the application thereof to any person or circumstance is held invalid, the remainder of said chapters and the application of such provision to other persons or circumstances shall not be held invalid. Source: SL 1965, ch 23, §3.
SD Codified L § 47-15-50 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-50 - Citation of cooperative provisions.

47-15-50. Citation of cooperative provisions.Chapters 47-15 to 47-20, inclusive, as amended from time to time may be cited as the "South Dakota Cooperative Association Act." Source: SDC 1939, §11.1157 as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-15-51 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 15 - Cooperatives Formation And General Powers|Section 47-15-51 - Filing false document as felony.

47-15-51. Filing false document as felony.A person who files, or causes to be filed, a document required to be filed by this chapter, which he knows to be materially false in any respect, is guilty of a Class 6 felony. Source: SL 1983, ch 15, §36.
SD Codified L § 47-16-1 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 16 - Cooperatives Membership, Stock And Distributions|Section 47-16-1 - Classes of members--Provisions in bylaws.

47-16-1. Classes of members--Provisions in bylaws.A cooperative may have one or more classes of members. Provisions for qualifications, requirements, method of acceptance, terms, conditions, termination, and other incidents of membership shall be set forth in the bylaws. Any person, including a partnership, a firm, an unincorporated association, a cooperative, a corporation, or a body politic, may become a member in accordance with the bylaws. Source: SDC 1939, §11.1113 as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-16-2 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 16 - Cooperatives Membership, Stock And Distributions|Section 47-16-2 - Annual member meeting--Time of meeting.

47-16-2. Annual member meeting--Time of meeting.An annual member meeting of a cooperative shall be held at the time fixed in or pursuant to the bylaws. In the absence of a bylaw provision, such meeting shall be held within six months after the close of the fiscal year at the call of the president or board of directors. Source: SDC 1939, §11.1115 (2) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-16-3 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 16 - Cooperatives Membership, Stock And Distributions|Section 47-16-3 - Special meetings.

47-16-3. Special meetings.Special member meetings of a cooperative may be called by the president, board of directors, or members having one-fifth of the votes entitled to be cast at such meeting. Source: SDC 1939, §11.1115 (3) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-16-4 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 16 - Cooperatives Membership, Stock And Distributions|Section 47-16-4 - Member meetings--Location--Virtual participation.

47-16-4. Member meetings--Location--Virtual participation. Unless the articles of incorporation or bylaws provide otherwise, the board of directors shall provide that member meetings of a cooperative are held at the principal office or such other place or by means of communication as the board of directors may determine.Unless the articles of incorporation or bylaws provide otherwise, the board of directors may allow a member, a delegate, or an alternate to participate in a member meeting by any means of communication through which the member, delegate, or alternate may communicate and vote at the meeting. Participation by such means of communication constitutes presence or attendance at the meeting. Source: SDC 1939, §11.1115 (1) as enacted by SL 1965, ch 23, §1; SL 2021, ch 194, § 2.
SD Codified L § 47-16-5 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 16 - Cooperatives Membership, Stock And Distributions|Section 47-16-5 - Member meetings--Notice--Virtual meeting.

47-16-5. Member meetings--Notice--Virtual meeting. Written notice of a membership meeting of a cooperative, stating the place, day, and hour, and, in case of a special member meeting the purposes for which the meeting is called, shall be given no fewer than ten nor more than sixty days before the meeting, at the direction of the person calling the meeting.The place of the meeting or special meeting may be virtual if the written notice specifies a means of communication to conduct the meeting that complies with the provisions of § 47-16-4. Source: SDC 1939, §11.1115 (4) as enacted by SL 1965, ch 23, §1; SL 2021, ch 194, § 3.
SD Codified L § 47-16-6 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 16 - Cooperatives Membership, Stock And Distributions|Section 47-16-6 - Notice to delegates or alternates.

47-16-6. Notice to delegates or alternates.At any meeting of a cooperative at which members are to be represented by delegates, notice to such members may be given by notifying such delegates and their alternates. Notice may consist of a notice to all members or may be in the form of an announcement at the meeting at which such delegates or alternates were elected. Source: SDC 1939, §11.1115 (5) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-16-7 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 16 - Cooperatives Membership, Stock And Distributions|Section 47-16-7 - Member meetings--Quorum.

47-16-7. Member meetings--Quorum. A quorum at a member meeting of a cooperative shall be ten percent of the first one hundred members plus five percent of additional members, present or represented by delegate. Unless the bylaws fix a larger number of members to constitute a quorum, a quorum may never be more than fifty members nor fewer than five members, or a majority of all members, whichever is smaller. Members represented by signed vote may be counted in computing a quorum only on those questions as to which the signed vote is taken. The sufficiency or requirement of a quorum for the transaction of business at a district meeting of members shall be established in the bylaws. However, the quorum may not be fewer than five members. Source: SDC 1939, §11.1116 as enacted by SL 1965, ch 23, §1; SL 2000, ch 220, §1; SL 2021, ch 194, § 4.
SD Codified L § 47-16-8 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 16 - Cooperatives Membership, Stock And Distributions|Section 47-16-8 - Action without meeting.

47-16-8. Action without meeting.Action without a membership meeting may be taken by a cooperative pursuant to §47-16-9. Source: SDC 1939, §11.1115 (6) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-16-9 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 16 - Cooperatives Membership, Stock And Distributions|Section 47-16-9 - Consent to action without meeting.

47-16-9. Consent to action without meeting.Any action which may be taken at a member meeting of a cooperative, may be taken without a meeting if a writing setting forth and approving the action taken shall be signed by a majority of the members entitled to vote on such action. In such cases, such consent shall have the same force and effect as if a meeting had been held. Source: SDC 1939, §11.1126 as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-16-10 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 16 - Cooperatives Membership, Stock And Distributions|Section 47-16-10 - Votes at meeting.

47-16-10. Votes at meeting.At any member meeting of a cooperative composed of individual members and entity members, each individual member or entity member is entitled to only one vote. Source: SDC 1939, §11.1114 (2) as enacted by SL 1965, ch 23, §1; SL 2018, ch 260, §4.
SD Codified L § 47-16-11 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 16 - Cooperatives Membership, Stock And Distributions|Section 47-16-11 - Votes by member cooperatives.

47-16-11. Votes by member cooperatives.In the case of a cooperative composed only of member cooperative corporations, such member cooperatives shall have only one vote, except that the articles may permit either or both:(1)A member cooperative to cast additional votes not exceeding a number equal to its membership;(2)A cooperative whose member-patrons include other cooperative corporations to base voting in whole or in part on a patronage basis. Source: SDC 1939, §11.1114 (2) as enacted by SL 1965, ch 23, §1.
SD Codified L § 47-16-12 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 16 - Cooperatives Membership, Stock And Distributions|Section 47-16-12 - Vote by member owning membership stock.

47-16-12. Vote by member owning membership stock.A member owning membership stock of a cooperative gains no additional vote thereby. Source: SDC 1939, §11.1114 (3) as enacted by SL 1965, ch 23, §1.