Conversion of corporation into cooperative.
SDCL § 47-21-22
in effect47-21-22. Conversion of corporation into cooperative.
Any corporation organized under the laws of this state and supplying or having the corporate power to supply electric energy may be converted into a cooperative by complying with the requirements of §§ 47-21-23 and 47-21-24 and shall thereupon become subject to this chapter with the same effect as if originally organized under this chapter.
SL 1947, ch 33, § 20; SDC Supp 1960, § 11.2220.
Source: South Dakota Legislature (sdlegislature.gov)URL: https://sdlegislature.gov/Statutes/47-21-22Fetched: 10/20/2026
