§ 47-18-1 Merger or consolidation–Preparation of plan–Approval of plan
§ 47-18-2 Articles of merger or consolidation–Contents–Effective date
§ 47-18-3 Effect of merger or consolidation–Surviving cooperative
§ 47-18-4 Rights and duties of surviving cooperative
§ 47-18-5 Amendment of surviving cooperative’s articles
§ 47-18-5.1 Merger or consolidation of cooperative and its subsidiary
§ 47-18-6 Division of cooperative–Plan of division–Approval of plan
§ 47-18-7 Manner of approval of plan
§ 47-18-8 Articles of division–Contents and filing
§ 47-18-9 Disposal of assets–Authorization by members–Notice and approval
§ 47-18-10 Mortgaging assets to secure payment of debts
§ 47-18-11 Voluntary dissolution–Notice and approval
§ 47-18-12 Liquidation of assets–Distribution of proceeds
§ 47-18-13 Certificate of dissolution–Contents of certificate
§ 47-18-14 Filing and recording certificate of dissolution
§ 47-18-15 Involuntary dissolution–Action by attorney general–Grounds for involuntary dissolution
§ 47-18-16 Default cured prior to entry of decree–Abatement of action
§ 47-18-16.2 Petition for reinstatement–Filing fee–Penalty for expired years
§ 47-18-16.3 Administrative dissolution of cooperative
§ 47-18-16.4 Notice of grounds for dissolution–Time limit for corrections–Subsequent existence–Authority of agent
§ 47-18-16.5 Application for reinstatement
§ 47-18-16.6 Denial of reinstatement–Appeal–Court action
§ 47-18-17 Liquidation of assets by court–Proper parties to bring action
§ 47-18-18 Power and authority of court–Appointment of receiver
§ 47-18-19 Creditors’ claims–Notice–Time for filing
§ 47-18-20 Decree of dissolution–Filing and recording
§ 47-18-21 Action as staying all other proceedings
§ 47-18-22 Dismissal of action
§ 47-18-23 Title to property omitted from final distribution
§ 47-18-24 Appointment of trustee for property
§ 47-18-25 Court supervision of trustee
§ 47-18-26 Assets distributable to unknown persons–Deposit in state treasury–Subsequent claim–Time limitation
§ 47-18-27 Dissolution as not impairing preexisting rights–Time limitation
§ 47-18-28 Filing false document as felony

Terms Used In South Dakota Codified Laws > Title 47 > Chapter 18

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • Creditor: except as defined and used in chapters 54-1 and 54-9, everyone to whom is owed the performance of an obligation. See South Dakota Codified Laws 2-14-2
  • Decree: the same meaning as the word "judgment". See South Dakota Codified Laws 2-14-2
  • Felony: A crime carrying a penalty of more than a year in prison.
  • Fraud: Intentional deception resulting in injury to another.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • Quorum: The number of legislators that must be present to do business.
  • 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
  • State: the State of South Dakota. See South Dakota Codified Laws 2-14-2
  • Trustee: A person or institution holding and administering property in trust.
  • written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2
  • Year: a calendar year. See South Dakota Codified Laws 2-14-2