§ 37-4-1 Exchanges subject to chapter–Small-volume exchanges exempt
§ 37-4-2 Open membership required of exchanges–Cooperatives included
§ 37-4-3 Members to comply with rules, regulations, and bylaws–Fees and assessments
§ 37-4-4 Exchange rules controlling distribution of member profits deemed unreasonable

Terms Used In South Dakota Codified Laws > Title 37 > Chapter 4 - Public Commodity Exchanges

  • 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.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2