SDCL § 47-16-11: Votes by member cooperatives.
Where this section sits in the code
- TITLE 47. CORPORATIONS
- CHAPTER 47-16. COOPERATIVES--MEMBERSHIP, STOCK AND DISTRIBUTIONS
In the case of a cooperative composed only of member cooperative corporations, such member cooperatives shall have only one vote, except that the articles may permit either or both:
(1) A member cooperative to cast additional votes not exceeding a number equal to its membership;
(2) A cooperative whose member-patrons include other cooperative corporations to base voting in whole or in part on a patronage basis.
Collected 2026-09-03T15:18:57Z. Source file · JSON