47-21-23. Submission of conversion proposition to stockholders--Notice of meeting.The proposition for the conversion of the corporation described in §47-21-22 into a cooperative and proposed articles of conversion to give effect thereto shall be submitted to a meeting of the members or stockholders of such corporation, or in case of a corporation having no members or stockholders, to a meeting of the incorporators of such corporation, the notice of which shall have attached thereto a copy of the proposed articles of conversion. Source: SL 1947, ch 33, §20; SDC Supp 1960, §11.2220 (1).
South Dakota Legal Code