A certificate of dissolution of a cooperative shall be signed by a majority of directors or of committee members and shall be sealed with the cooperative’s seal, if any, stating:

(1) The name of the cooperative;

Terms Used In South Dakota Codified Laws 47-18-13

  • Seal: includes an impression of the seal upon the paper alone, as well as upon wax or a wafer affixed to the paper, and also the word "seal" written or printed on such paper. See South Dakota Codified Laws 2-14-2

(2) The name and address of each director or committee member;

(3) The date of adoption of the resolution of dissolution;

(4) A statement that all liquidation activities have been completed and that there are no suits pending against the cooperative.

Source: SDC 1939, § 11.1143 (3) as enacted by SL 1965, ch 23, § 1.

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