South Dakota Codified Laws 47-21-5. Requirement that name be distinct
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The name of a cooperative shall be distinct from the name of any other cooperative or corporation organized under the laws of, or authorized to do business in this state.
Terms Used In South Dakota Codified Laws 47-21-5
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Source: SL 1947, ch 33, § 5; SDC Supp 1960, § 11.2205.