Three or more individuals of legal age, one of whom must be a resident, may form a cooperative by signing, acknowledging, filing, and recording articles of incorporation.
S.D. Codified Laws § 47-15-3
Requisites for formation
Known as the South Dakota Cooperative Association Act
The act spans §§ 47–47 (47 sections).
Source: SDC 1939, § 11.1104 as enacted by SL 1965, ch 23, § 1; SL 2018, ch 260, § 2.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.