reglab/housing_qa huggingface dataset:
SD Codified L § 47-21-79 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 21 - Rural Electric Cooperatives|Section 47-21-79 - Limitation of actions.

47-21-79. Limitation of actions.No action or suit may be brought against a cooperative or foreign corporation doing business in this state pursuant to this chapter, or against any agent, servant, or employee thereof, by reason of the maintenance of electric transmission or distribution lines on any real property after the expiration of a period of two years of continuous maintenance of such lines. Source: SL 1947, ch 33, §29; SDC Supp 1960, §11.2229.
SD Codified L § 47-21-80 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 21 - Rural Electric Cooperatives|Section 47-21-80 - Severability and saving clause.

47-21-80. Severability and saving clause.If any provision of this chapter or the application of such provision to any person or circumstance is held invalid, the remainder of the chapter and the application of such provision to other persons or circumstances shall not be affected thereby. Source: SL 1947, ch 33, §35; SDC Supp 1960, §11.2235.
SD Codified L § 47-21-81 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 21 - Rural Electric Cooperatives|Section 47-21-81 - Citation of chapter.

47-21-81. Citation of chapter.This chapter may be cited as the "Electric Cooperative Law." Source: SL 1947, ch 33, §1; SDC Supp 1960, §11.2201.
SD Codified L § 47-21-82 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 21 - Rural Electric Cooperatives|Section 47-21-82 - Cooperatives able to use property and funds to promote economic development and may lend money--Restrictions on loans.

47-21-82. Cooperatives able to use property and funds to promote economic development and may lend money--Restrictions on loans.Unless otherwise provided in its articles, a cooperative may use its property and funds to promote and encourage economic development and may lend money for any purpose the board of directors determines to be in the best interest of the cooperative.However, such loans may only be made from funds received by way of loan or grant from the Rural Electrification Administration of the United States Department of Agriculture, or out of cash and securities representing equity or accumulated margins belonging to the cooperative or funds received from any other source, provided that no loan may be made out of funds derived from the pledging, assigning, or encumbering of revenues to be earned from the future sale of electricity. Source: SL 1991, ch 378, §1.
SD Codified L § 47-21-83 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 21 - Rural Electric Cooperatives|Section 47-21-83 - Forfeiture of unclaimed credits.

47-21-83. Forfeiture of unclaimed credits.Any cooperative organized under this chapter is subject to §§47-16-54 to 47-16-57, inclusive. The provisions of §§47-16-54 to 47-16-57, inclusive, apply to all money or property described in §47-16-54 the payment or delivery of which was authorized either before or after July 1, 1993. Source: SL 1993, ch 339.
SD Codified L § 47-21-84 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 21 - Rural Electric Cooperatives|Section 47-21-84 - Application of South Dakota's Public Communications Network Infrastructure.

47-21-84. Application of South Dakota's Public Communications Network Infrastructure.The provisions of §§49-31-60 and 49-31-61 apply to all cooperatives organized under this chapter. Source: SL 1997, ch 258, §3.
SD Codified L § 47-22-1 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-1 - Definitions.

47-22-1. Definitions.As used in chapters 47-22 to 47-28, inclusive, unless the context otherwise requires, the term:(1)"Articles of incorporation" means the original or restated articles of incorporation or articles of consolidation and all amendments thereto including articles of merger.(2)"Board of directors" means the group of persons vested with the management of the affairs of the corporation irrespective of the name by which such group is designated.(3)"Bylaws" means the code or codes of rules adopted for the regulation or management of the affairs of the corporation irrespective of the name or names by which such rules are designated.(4)"Corporation" or "domestic corporation" means a nonprofit corporation subject to the provisions of chapters 47-22 to 47-28, inclusive, except a foreign corporation.(5)"Foreign corporation" means a nonprofit corporation organized under laws other than the laws of this state.(6)"Insolvent" means inability of a corporation to pay its debts as they become due in the usual course of its affairs.(7)"Member" means one having membership rights in a corporation in accordance with the provisions of its articles of incorporation or bylaws and may include municipal corporations of this state or other states;(8)"Nonprofit corporation" means a corporation no part of the income or profit of which is distributable to its members, directors or officers. Source: SL 1965, ch 24, §2; SL 2001, ch 247, §1.
SD Codified L § 47-22-2 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-2 - Applicability to domestic corporations.

47-22-2. Applicability to domestic corporations.The provisions of chapters 47-22 to 47-28, inclusive, relating to domestic corporations shall apply to:(1)All corporations organized hereunder; and(2)All nonprofit corporations organized before July 1, 1965, under any act repealed. Source: SL 1965, ch 24, §3.
SD Codified L § 47-22-2.1 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-2.1 - Applicability to corporations existing prior to 1965.

47-22-2.1. Applicability to corporations existing prior to 1965.Any nonprofit corporation in existence prior to 1965 may continue to operate as provided by its charter notwithstanding chapters 47-22 to 47-28, inclusive. Source: SL 1984, ch 300.
SD Codified L § 47-22-3 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-3 - Applicability to foreign corporations.

47-22-3. Applicability to foreign corporations.The provisions of chapters 47-22 to 47-28, inclusive, relating to foreign corporations shall apply to all foreign nonprofit corporations doing or engaging in any business in this state for a purpose or purposes for which a corporation might be organized under this chapter. Source: SL 1965, ch 24, §3.
SD Codified L § 47-22-4 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-4 - Purposes and authority of corporations--Particular purposes--Exceptions.

47-22-4. Purposes and authority of corporations--Particular purposes--Exceptions.Corporations may be organized under this chapter for any lawful purpose, including, but not limited to, any one or more of the following purposes:(1)Agricultural;(2)Animal husbandry;(3)Athletic;(4)Benevolent;(5)Charitable;(6)Civic;(7)Cultural;(8)Educational;(9)Eleemosynary;(10)Fraternal;(11)Horticultural;(12)Literary;(13)Patriotic;(14)Political;(15)Religious;(16)Scientific;(17)Social; and(18)Professional, commercial, industrial, or trade association. However, labor unions, cooperative organizations, other than housing cooperatives, communals, and organizations subject to any of the provisions of the banking laws of this state may not be organized under this chapter. Notwithstanding any other provision of this title, any insurance organization formed under this chapter is subject to Title 58. Source: SDC 1939, §§11.1401, 11.1501, 11.1701, 11.1801; SL 1965, ch 24, §4; SL 1966, ch 17, §2; SL 1972, ch 245; SL 1998, ch 271, §1; SL 2016, ch 221, §1.
SD Codified L § 47-22-5 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-5 - Incorporators--Articles of incorporation.

47-22-5. Incorporators--Articles of incorporation.One or more natural persons of the age of majority may act as incorporators of a corporation by delivering to the secretary of state the articles of incorporation for such corporation. Delivery may be made by electronic transmission if and to the extent permitted by the Office of the Secretary of State. If the document is filed in typewritten or printed form and not transmitted electronically, the Office of the Secretary of State may require one exact or conformed copy to be delivered with the document. Source: SDC 1939, §§11.1501, 11.1801; SL 1965, ch 24, §30; SL 1972, ch 154, §10; SL 1989, ch 393, §1; SL 1990, ch 367, §13; SL 2012, ch 222, §5; SL 2016, ch 221, §2.
SD Codified L § 47-22-6 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-6 - Contents of articles of incorporation--Necessary recitals.

47-22-6. Contents of articles of incorporation--Necessary recitals.The articles of incorporation shall set forth:(1)The name of the corporation;(2)The period of duration, which may be perpetual;(3)The purpose or purposes for which the corporation is organized;(4)If the corporation is to have no members, a statement to that effect;(5)If the corporation is to have one or more classes of members, any provision which the incorporators elect to set forth in the articles of incorporation designating the class or classes of members and stating the qualifications and rights of the members of each class;(6)If the directors or any of them are not to be elected or appointed by one or more classes of members, a statement of the manner in which such directors shall be elected or appointed;(7)Any provisions, not inconsistent with law, which the incorporators elect to set forth in the articles of incorporation for the regulation of the internal affairs of the corporation, including any provision for distribution of assets on dissolution or final liquidation;(8)The information required by §59-11-6;(9)The number of directors constituting the initial board of directors, and the names and addresses of the persons who are to serve as the initial directors; and(10)The name and address of each incorporator.It is not necessary to set forth in the articles of incorporation any of the corporate powers enumerated in chapters 47-22 to 47-28, inclusive. Source: SDC 1939, §§11.1402, 11.1501, 11.1701, 11.1801; SL 1965, ch 24, §31; SL 1989, ch 393, §2; SL 1990, ch 367, §14; SL 2004, ch 280, §4; SL 2008, ch 275, §62.
SD Codified L § 47-22-7 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-7 - Corporate name--Indication of purpose.

47-22-7. Corporate name--Indication of purpose.The corporate name shall not contain any word or phrase which indicates or implies that it is organized for any purpose other than one or more of the purposes contained in its articles of incorporation. Source: SL 1965, ch 24, §7 (1).
SD Codified L § 47-22-8.1 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-8.1 - Use of same or similar name prohibited--Non-English name to be transliterated.

47-22-8.1. Use of same or similar name prohibited--Non-English name to be transliterated.In order to protect the public against confusion between corporations or between corporations and limited partnerships, the name of any nonprofit corporation:(1)May not be the same as or must be distinguishable upon the records of the secretary of state from the name of any other corporation, whether for profit or not for profit, organized under the laws of this state; or the name of any foreign corporation, whether for profit or not for profit, authorized to engage in any business in this state; or any corporate name reserved or registered as permitted by the laws of this state; or the name of any limited partnership certified or registered in this state. Corporate names or limited partnership names already in use, with generic, proper, geographical, or descriptive terms which have acquired a secondary meaning shall be protected. This subdivision does not apply if the applicant files with the secretary of state either:(a)The written consent signed by the president or a vice-president and by the secretary or an assistant secretary of the other corporation; by a holder of a reserved or registered name; or by a general partner of a limited partnership to use the same or a distinguishable name;(b)A certified copy of a final decree of a court of competent jurisdiction establishing the prior right of the applicant to the use of such name in this state; or(c)In the case of a foreign corporation if the corporate name is not available for use, a resolution of its board of directors adopting an assumed name for use in transacting business in this state, which assumed name is not deceptively similar to the name of any domestic corporation, any foreign corporation authorized to engage in any business in this state, or any corporate name reserved or registered as permitted by the laws of this state, or the name of any limited partnership certified or registered in this state, or any other assumed name filed with the secretary of state by a foreign corporation authorized to transact business in this state;(2)Shall be transliterated into letters of the English alphabet, if it is not in English. Source: SL 1989, ch 393, §4; SL 1992, ch 323, §1; SL 1998, ch. 272, §1.
SD Codified L § 47-22-9 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-9 - Reservation of name--Parties entitled to reserve.

47-22-9. Reservation of name--Parties entitled to reserve.The exclusive right to the use of a corporate name may be reserved by:(1)Any person intending to organize a corporation under this chapter;(2)Any domestic corporation intending to change its name;(3)Any foreign corporation intending to make application for a certificate of authority to do or engage in any business in this state;(4)Any foreign corporation authorized to do or engage in any business in this state and intending to change its name;(5)Any person intending to organize a foreign corporation and intending to have such corporation make application for a certificate of authority to do or engage in any business in this state. Source: SL 1965, ch 24, §8.
SD Codified L § 47-22-10 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-10 - Procedure for reservation of name--Maximum time of reservation.

47-22-10. Procedure for reservation of name--Maximum time of reservation.The reservation of the exclusive right to the use of a corporate name shall be made by filing with the secretary of state an application to reserve a specified corporate name, executed by the applicant. If the secretary of state finds that the name is available for corporate use, he shall reserve the same for the exclusive use of the applicant for a period of one hundred twenty days, which period shall not be extended. Source: SL 1965, ch 24, §8.
SD Codified L § 47-22-12 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-12 - Articles of incorporation--Endorsement and filing by secretary of state--Issuance of certificate of incorporation.

47-22-12. Articles of incorporation--Endorsement and filing by secretary of state--Issuance of certificate of incorporation.One original and one exact or conforming copy of the articles of incorporation shall be delivered to the secretary of state. If the secretary of state finds that the articles of incorporation conform to law, when all fees have been paid as prescribed in chapter 47-28, he shall:(1)Endorse the word "filed" on the original and the copy and the month, day, and year of filing;(2)File the original in his office; and(3)Issue a certificate of incorporation to which he shall affix the copy.The certificate of incorporation, together with the copy of the articles of incorporation affixed thereto, shall be returned to the incorporators or their representative. Source: SL 1965, ch 24, §32; SL 1989, ch 393, §5.
SD Codified L § 47-22-13 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-13 - Commencement of corporate existence--Certificate as conclusive evidence of compliance--Exceptions.

47-22-13. Commencement of corporate existence--Certificate as conclusive evidence of compliance--Exceptions.Upon the issuance of the certificate of incorporation, the corporate existence shall begin, and such certificate of incorporation shall be conclusive evidence that all conditions precedent required to be performed by the incorporators have been complied with and that the corporation has been incorporated under this chapter, except as against the state in a proceeding to cancel or revoke the certificate of incorporation or for involuntary dissolution of the corporation. Source: SL 1965, ch 24, §33.
SD Codified L § 47-22-14 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-14 - Amending articles of incorporation.

47-22-14. Amending articles of incorporation.A corporation may amend its articles of incorporation, from time to time, in any and as many respects as may be desired, so long as its articles of incorporation as amended contain only such provisions as are lawful under chapters 47-22 to 47-28, inclusive. Source: SDC 1939, §11.1302; SL 1965, ch 24, §35.
SD Codified L § 47-22-15 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-15 - Procedure for amendment.

47-22-15. Procedure for amendment.Amendments to the articles of incorporation shall be made in the manner provided by §47-22-16 or 47-22-17. Source: SL 1965, ch 24, §36.
SD Codified L § 47-22-16 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-16 - Resolution of amendment--Submission to members at meeting--Notice of meeting--Contents of notice--Written notice of adoption required--Majority vote required.

47-22-16. Resolution of amendment--Submission to members at meeting--Notice of meeting--Contents of notice--Written notice of adoption required--Majority vote required.If the members are entitled to vote on an amendment to the articles of incorporation, the board of directors or the members shall adopt a resolution setting forth the proposed amendment and directing that it be submitted to a vote at a meeting of members entitled to vote thereon, which may be either an annual or a special meeting. Written notice setting forth the proposed amendment or a summary of the changes to be effected thereby shall be given to each member entitled to vote at such meeting within the time and in the manner provided in chapter 47-23 for the giving of notice of meetings of members. If the members adopt a resolution setting forth a proposed amendment, written notice shall also be provided to the board of directors. The proposed amendment shall be adopted upon receiving at least a majority of the vote entitled to be cast by members present or represented by proxy at any meeting of the members. Source: SL 1965, ch 24, §36 (1); SL 2000, ch 221, §1.
SD Codified L § 47-22-17 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-17 - Procedure in absence of members entitled to vote--Adoption of amendment by board of directors.

47-22-17. Procedure in absence of members entitled to vote--Adoption of amendment by board of directors.Where there are no members, or no members entitled to vote on an amendment to the articles of incorporation, an amendment shall be adopted at a meeting of the board of directors upon receiving the vote of a majority of the directors in office. Source: SL 1965, ch 24, §36 (2).
SD Codified L § 47-22-18 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-18 - Submission of more than one amendment.

47-22-18. Submission of more than one amendment.Any number of amendments to the articles of incorporation may be submitted and voted upon at any one meeting. Source: SL 1965, ch 24, §36.
SD Codified L § 47-22-19 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-19 - Articles of amendment--Contents of articles.

47-22-19. Articles of amendment--Contents of articles.An original and an exact or conforming copy of the articles of amendment shall be executed by the chairman of the board of directors, by the corporation's president, or by another of its officers or, if the corporation has not been formed, by an incorporator, and shall set forth:(1)The name of the corporation;(2)The amendment so adopted;(3)If there are members entitled to vote thereon:(a)A statement setting forth the date of the meeting of members at which the amendment was adopted, that a quorum was present at such meeting, and that such amendment received at least a majority of the votes entitled to be cast by members present or represented by proxy at such meeting; or(b)A statement that such amendment was adopted by a consent in writing signed by all members entitled to vote with respect thereto;(4)If there are no members, or no members entitled to vote thereon, a statement of such fact, the date of the meeting of the board of directors at which the amendment was adopted, and a statement of the fact that such amendment received the vote of a majority of the directors in office. Source: SL 1965, ch 24, §37; SL 1989, ch 393, §6; SL 1990, ch 367, §15.
SD Codified L § 47-22-20 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-20 - Delivery to secretary of state--Fees--Endorsement and filing--Issuance of certificate of amendment.

47-22-20. Delivery to secretary of state--Fees--Endorsement and filing--Issuance of certificate of amendment.The original and the copy of the articles of amendment shall be delivered to the secretary of state. If the secretary of state finds that the articles of amendment conform to law, when all fees have been paid as prescribed in chapter 47-28, he shall:(1)Endorse the word "filed" on the original and the copy and the month, day, and year of filing;(2)File the original in his office; and(3)Issue a certificate of amendment to which he shall affix the copy.The certificate of amendment, together with the copy of the articles of amendment affixed thereto, shall be returned to the corporation or its representative. Source: SL 1965, ch 24, §38; SL 1989, ch 393, §7.
SD Codified L § 47-22-21 (2021)
2021 South Dakota Codified Laws|Title 47 - Corporations|Chapter 22 - Nonprofit Corporations Formation And General Powers|Section 47-22-21 - Effective date of amendment.

47-22-21. Effective date of amendment.Upon the issuance of the certificate of amendment by the secretary of state, the amendment shall become effective and the articles of incorporation shall be deemed to be amended accordingly. Source: SL 1965, ch 24, §38.