{"data":{"id":"us-sd/sdcl-47-16-55","jurisdiction":"us-sd","citation":"SDCL § 47-16-55","heading":"Procedure for forfeiture--Resolution--Time limit for claim.","body":"A motion or resolution may be passed or adopted by the board of directors of a cooperative declaring the forfeiture of any money or property described in § 47-16-54 unless the same is claimed by the person or persons entitled thereto within six months after notice of such forfeiture is given.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-16. COOPERATIVES--MEMBERSHIP, STOCK AND DISTRIBUTIONS"],"source_url":"https://sdlegislature.gov/Statutes/47-16-55","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"ba3c7a24d2886d1dbf6ecb2aaa547201572973c4174672df5ad6b2d84bbd18c4","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-16-54","next":"us-sd/sdcl-47-16-56"},"notice":"GroundRules: Original legal text. Not legal advice."}