A cooperative may become a member of other cooperatives, corporations, or organizations engaged in the purposes as set forth in § 47-21-2, and may own stock therein.
S.D. Codified Laws § 47-21-68
Powers of cooperative--Joining other cooperatives
Known as the Electric Cooperative Law
The act spans §§ 47–47 (92 sections).
Applied in 2 court decisions — leading case Satellite Cable Serv. (1998)
Most recently applied in Satellite Cable Services, Inc. v. Northern Electric Cooperative, Inc. (July 1998)
Source: SL 1947, ch 33, § 4; SDC Supp 1960, § 11.2204 (10); SL 1989, ch 392, § 2; SL 1994, ch 349, § 4.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.