{"data":{"id":"us-sd/sdcl-47-15-30","jurisdiction":"us-sd","citation":"SDCL § 47-15-30","heading":"Powers of cooperatives--Contracts--Encumbrances.","body":"Unless otherwise provided by its articles, a cooperative may\n(1) Make contracts, incur liabilities, and borrow money;\n(2) Issue certificates representing indebtedness, or representing equity interests in its assets;\n(3) Acquire property;\n(4) Dispose of, mortgage, pledge, lease, or otherwise use in any manner any of its property, or any interest therein, wherever situated.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-15. COOPERATIVES--FORMATION AND GENERAL POWERS"],"source_url":"https://sdlegislature.gov/Statutes/47-15-30","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"21328205e419b24c7faa0f3a570b9b8b64d81472683d3314f0a495d236b37d14","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-15-29","next":"us-sd/sdcl-47-15-31"},"notice":"GroundRules: Original legal text. Not legal advice."}