South Dakota § 47-21-41 - Articles of dissolution--Contents of articles.
Full text of South Dakota South Dakota Codified Laws § 47-21-41 — Articles of dissolution--Contents of articles., with citation guidance and answers to common questions.
§ 47-21-41. Articles of dissolution--Contents of articles.
The board of directors shall, upon completion of the acts required by § 47-21-40, authorize the execution of articles of dissolution, which shall be executed and acknowledged on behalf of the cooperative by its president or vice-president, and its seal shall be affixed thereto and attested by its secretary. The articles of dissolution shall recite that they are executed pursuant to this chapter and shall state:
(1) The name of the cooperative;
(2) The address of its principal office;
(3) The date on which the certificate of election to dissolve was filed by the secretary of state;
(4) That there are no actions or suits pending against the cooperative;
(5) That all debts, obligations, and liabilities of the cooperative have been paid and discharged or that adequate provision has been made therefor; and
(6) That the provisions of §§ 47-21-36 to 47-21-40, inclusive, have been duly complied with.
The president or vice-president executing the articles of dissolution shall make and annex thereto an affidavit stating that the statements made therein are true.
Source: SL 1947, ch 33, § 21; SDC Supp 1960, § 11.2221 (2).
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 47-21-41
What does South Dakota Codified Laws § 47-21-41 cover?
Section 47-21-41 ("Articles of dissolution--Contents of articles.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 47-21-41?
A common citation format is "South Dakota Codified Laws § 47-21-41" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 47-21-41 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.