Unless otherwise provided by its articles, a cooperative may exercise all powers necessary or convenient to effect its purposes.
S.D. Codified Laws § 47-15-39
Powers of cooperatives--Effectuation of purpose
Known as the South Dakota Cooperative Association Act
The act spans §§ 47–47 (47 sections).
Source: SDC 1939, § 11.1103 (13) as enacted by SL 1965, ch 23, § 1.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.