The filing of an action under § 47-18-17 operates as a stay of all other proceedings against the cooperative until such time as the court issues its final judgment or directs otherwise.
S.D. Codified Laws § 47-18-21
Action as staying all other proceedings
Applied in 1 court decision — leading case Veblen District v. Multi-Community Cooperative Dairy (2012)
Most recently applied in Veblen District v. Multi-Community Cooperative Dairy (April 2012)
Source: SDC 1939, § 11.1145 (5) 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.