When the court approves the final distribution of a cooperative’s assets, it shall enter a decree in the nature of a certificate of dissolution which shall be filed and recorded in the secretary of state’s office.

Terms Used In South Dakota Codified Laws 47-18-20

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.

Source: SDC 1939, § 11.1145 (4) as enacted by SL 1965, ch 23, § 1.