Powers of cooperatives--Investments and lending.
SDCL § 47-15-32
in effect47-15-32. Powers of cooperatives--Investments and lending.
Unless otherwise provided by its articles, a cooperative may invest its funds, lend money for its purposes, and hold any property as security for repayment.
SDC 1939, § 11.1103 (6) as enacted by SL 1965, ch 23, § 1.
Source: South Dakota Legislature (sdlegislature.gov)URL: https://sdlegislature.gov/Statutes/47-15-32Fetched: 10/20/2026
