Chapter
RURAL ELECTRIC COOPERATIVES
- S.D. Codified Laws § 47-21-1— Definitions
- S.D. Codified Laws § 47-21-2— Purpose and authority
- S.D. Codified Laws § 47-21-3— Name of cooperative--Exceptions
- S.D. Codified Laws § 47-21-4— Exclusive use of particular words
- S.D. Codified Laws § 47-21-5— Requirement that name be distinct
- S.D. Codified Laws § 47-21-6— Incorporators--Requisites and qualifications
- S.D. Codified Laws § 47-21-7— Articles of incorporation--Unnecessary recitals--Signing of articles
- S.D. Codified Laws § 47-21-8— Amendment of articles--Procedure--Two-thirds vote required
- S.D. Codified Laws § 47-21-9— Required recitals in amendment--Affidavit of compliance
- S.D. Codified Laws § 47-21-10— Board of directors--Bylaws--Meetings by teleconference
- S.D. Codified Laws § 47-21-11— Compensation of directors
- S.D. Codified Laws § 47-21-12— First directors--Term of office
- S.D. Codified Laws § 47-21-13— Election of directors--Maximum term of office
- S.D. Codified Laws § 47-21-14— Quorum of directors
- S.D. Codified Laws § 47-21-15— Husband and wife as directors
- S.D. Codified Laws § 47-21-16— Powers of board of directors
- S.D. Codified Laws § 47-21-17— Directors not disqualified from acknowledging instruments
- S.D. Codified Laws § 47-21-19— Provisions of bylaws
- S.D. Codified Laws § 47-21-20— Bylaw provision dividing area served into districts--Election of directors by districts--District meetings--Proxy voting prohibited
- S.D. Codified Laws § 47-21-21— Officers--Election and qualifications--Removal of officers
- S.D. Codified Laws § 47-21-21.1— 47-21-21.1. Repealed by SL 2007, ch 260, § 7
- S.D. Codified Laws § 47-21-21.2— Indemnification of directors, officers, agents, and employees against liability under certain circumstances
- S.D. Codified Laws § 47-21-21.3— Circumstances under which directors, officers, agents, and employees may not be indemnified
- S.D. Codified Laws § 47-21-21.4— Indemnification of successful director, officer, agent, or employee for expenses incurred in proceeding
- S.D. Codified Laws § 47-21-22— Conversion of corporation into cooperative
- S.D. Codified Laws § 47-21-23— Submission of conversion proposition to stockholders--Notice of meeting
- S.D. Codified Laws § 47-21-24— Two-thirds vote required for approval--Articles of conversion--Contents of articles--Affidavit of compliance
- S.D. Codified Laws § 47-21-25— Consolidating cooperatives
- S.D. Codified Laws § 47-21-26— Submission of consolidation proposition to members--Notice of meeting
- S.D. Codified Laws § 47-21-27— Majority vote required for approval--Articles of consolidation--Contents of articles--Affidavit of compliance
- S.D. Codified Laws § 47-21-28— Merging cooperatives
- S.D. Codified Laws § 47-21-29— Submission of merger proposition to members--Notice of meeting
- S.D. Codified Laws § 47-21-30— Majority vote required for approval--Articles of merger--Contents of articles--Affidavit of compliance
- S.D. Codified Laws § 47-21-31— Articles of consolidation as governing consolidated cooperative--Articles of surviving cooperative as governing merged cooperative
- S.D. Codified Laws § 47-21-32— Transfer of rights and obligations to surviving cooperative
- S.D. Codified Laws § 47-21-33— Liabilities after consolidation or merger--Preexisting claims--Substitution of parties
- S.D. Codified Laws § 47-21-34— Rights of creditors and lienors unaffected by consolidation or merger
- S.D. Codified Laws § 47-21-35— Dissolution before commencement of business--Articles of dissolution--Majority approval required--Contents of articles
- S.D. Codified Laws § 47-21-36— Dissolution after commencement of business
- S.D. Codified Laws § 47-21-37— Submission of dissolution proposition to members--Majority vote required
- S.D. Codified Laws § 47-21-39— Cessation of business--Continuance of corporate existence--Notice to creditors--Publication
- S.D. Codified Laws § 47-21-40— Liquidation of affairs of cooperative--Distribution of assets--Rights of patrons--Rights of members--Distribution of remains
- S.D. Codified Laws § 47-21-41— Articles of dissolution--Contents of articles
- S.D. Codified Laws § 47-21-42— Delivery of articles to secretary of state--Fees--Effective date of action--Certificates of election to dissolve
- S.D. Codified Laws § 47-21-43— Fee schedule of secretary of state
- S.D. Codified Laws § 47-21-44— Encumbering cooperative property in favor of governmental agency permitted
- S.D. Codified Laws § 47-21-45— Circumstances under which property may be transferred--Majority vote required--Transfer to security holders
- S.D. Codified Laws § 47-21-46— Place of recordation of encumbrance
- S.D. Codified Laws § 47-21-46.1— Filing and recording of trust deed or mortgage in Office of Secretary of State--Effect
- S.D. Codified Laws § 47-21-46.2— Filing required under chapter 57A-9 to be maintained in Office of Secretary of State--Contents of financing statement--Termination of effectiveness
- S.D. Codified Laws § 47-21-46.3— Filing of mortgage or trust deed covering less than fee simple interest--Effect--Termination--Sufficiency of description
- S.D. Codified Laws § 47-21-46.4— Applicability of other laws--Single filing--Index
- S.D. Codified Laws § 47-21-46.5— Assignment or discharge of trust deed or mortgage
- S.D. Codified Laws § 47-21-46.6— Filing fee
- S.D. Codified Laws § 47-21-47— After-acquired property as subject to encumbrance--Recordation as notice
- S.D. Codified Laws § 47-21-48— Encumbrance against personal property--Continuance of lien without refiling
- S.D. Codified Laws § 47-21-49— Members of cooperatives--Qualifications
- S.D. Codified Laws § 47-21-50— Use of electric energy required--Failure to make energy available
- S.D. Codified Laws § 47-21-51— Husband and wife as members--Membership not transferable--Additional qualifications of members
- S.D. Codified Laws § 47-21-52— Liability of members for acts of cooperative
- S.D. Codified Laws § 47-21-53— Annual members' meeting
- S.D. Codified Laws § 47-21-54— Special meetings for members--Procedure for calling
- S.D. Codified Laws § 47-21-55— Notice of meeting--Contents of notice--Method of giving notice
- S.D. Codified Laws § 47-21-57— Voting by members--Spouse voting for member--Mail voting
- S.D. Codified Laws § 47-21-58— Waiver of notice--Attendance as waiver--Exceptions
- S.D. Codified Laws § 47-21-59— Powers of cooperative--Capacity to sue and be sued
- S.D. Codified Laws § 47-21-60— Powers of cooperative--Perpetual existence
- S.D. Codified Laws § 47-21-61— Powers of cooperative--Corporate seal
- S.D. Codified Laws § 47-21-62— Powers of cooperative--Generation and distribution of electric energy
- S.D. Codified Laws § 47-21-63— Powers of cooperative--Dealing in property and equipment
- S.D. Codified Laws § 47-21-64— Powers of cooperative--Franchises, licenses and easements
- S.D. Codified Laws § 47-21-65— Powers of cooperative--Borrowing--Security for borrowing
- S.D. Codified Laws § 47-21-66— Powers of cooperative--Construction and maintenance of facilities on public lands
- S.D. Codified Laws § 47-21-67— Powers of cooperative--Eminent domain
- S.D. Codified Laws § 47-21-68— Powers of cooperative--Joining other cooperatives
- S.D. Codified Laws § 47-21-69— Powers of cooperative--Extraterritorial powers
- S.D. Codified Laws § 47-21-70— Powers of cooperative--Bylaws
- S.D. Codified Laws § 47-21-71— Powers of cooperative--Other powers
- S.D. Codified Laws § 47-21-72— Requirement that cooperative be nonprofit--Disposition of revenues
- S.D. Codified Laws § 47-21-72.1— Directors not liable for distribution in good faith reliance on financial statements or accountants' reports
- S.D. Codified Laws § 47-21-73— Municipal corporation or county grant to use public streets
- S.D. Codified Laws § 47-21-74— Foreign cooperatives--Conditions to local operation--Statement to secretary of state--Contents of statement
- S.D. Codified Laws § 47-21-75— Construction to comply with National Electrical Safety Code--Compliance establishes due care in negligence claim
- S.D. Codified Laws § 47-21-76— Change of location of principal office--Certificate to secretary of state
- S.D. Codified Laws § 47-21-77— Securities regulation laws inapplicable
- S.D. Codified Laws § 47-21-78— Construction of chapter
- S.D. Codified Laws § 47-21-79— Limitation of actions
- S.D. Codified Laws § 47-21-80— Severability and saving clause
- S.D. Codified Laws § 47-21-81— Citation of chapter
- S.D. Codified Laws § 47-21-82— Cooperatives able to use property and funds to promote economic development and may lend money--Restrictions on loans
- S.D. Codified Laws § 47-21-83— Forfeiture of unclaimed credits
- S.D. Codified Laws § 47-21-84— Application of South Dakota's Public Communications Network Infrastructure