47-15-45. Continuation of preexisting cooperatives.Corporations organized before July 1, 1965, under the provisions of chapters 4.16 and 11.10 of the South Dakota Code of 1939 shall continue in existence, but no new corporations may be formed thereunder. Source: SL 1965, ch 23, §2; SL 1966, ch 16, §5.
South Dakota Legal Code