<html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s9510224d9c99424b90f703ce10d67af6Normal { text-align: center; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s9510224d9c99424b90f703ce10d67af6HG4 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s9510224d9c99424b90f703ce10d67af6HG4C { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s9510224d9c99424b90f703ce10d67af6Normal-000000 { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s9510224d9c99424b90f703ce10d67af6000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s9510224d9c99424b90f703ce10d67af6B { margin-left: 1.38in; text-indent: -1.38in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS"><meta property="og:description" content="SDLRC Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS"><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/47-20"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6Normal"><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6HG4">CHAPTER </span><a href="https://sdlegislature.gov/Statutes?Statute=47-20" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20</span></a></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6Normal"><span class="s9510224d9c99424b90f703ce10d67af6HG4C">COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS</span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6Normal-000000"><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6000001"> </span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6B"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-1" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-1</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">    Books and records required--List of members and stockholders.</span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6B"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-2" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-2</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">    Inspection of books and records.</span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6B"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-3" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-3</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">    Court order for production of books and records--Violation--Penalty.</span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6B"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-4" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-4</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">    Annual financial report to stockholders or members--Contents of report.</span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6B"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-5" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-5</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">    </span><a href="https://sdlegislature.gov/Statutes?Statute=47-20-5" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-5</span></a><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">, 47-20-6. Repealed by SL 2008, ch 275, § 60.</span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6B"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-7" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-7</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">    Annual financial report--Delivery to secretary of state--Fee--Returning improper report.</span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6B"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-8" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-8</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">    </span><a href="https://sdlegislature.gov/Statutes?Statute=47-20-8" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-8</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont"> to 47-20-9. Repealed by SL 2008, ch 275, § 60.</span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6B"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-10" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-10</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">    Filing and receipt of documents.</span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6B"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-11" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-11</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">    Recordation of documents.</span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6B"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-12" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-12</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">    </span><a href="https://sdlegislature.gov/Statutes?Statute=47-20-12" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-12</span></a><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">. Repealed by SL 1983, ch 15, § 44.</span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6B"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-12.1" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-12.1</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">    Filing false document as felony.</span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6B"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-13" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-13</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">    Fees collectible by secretary of state.</span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6B"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-14" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-14</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">    Fees collectible from foreign corporations.</span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6B"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-15" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-15</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">    Registered office required.</span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6B"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-16" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-16</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">    Registered agent required.</span></p><p dir="ltr" class="s9510224d9c99424b90f703ce10d67af6B"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-17" rel="noopener"><span class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">47-20-17</span></a><span xml:space="preserve" class="s9510224d9c99424b90f703ce10d67af6DefaultParagraphFont">    Change of registered office or registered agent--Procedure.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069094Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069094SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069094CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069094Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069094DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069094000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069094SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069094SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2069094Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-20-1"><span class="s2069094SENU">47-20-1</span></a><span xml:space="preserve" class="s2069094SENU">. </span><span class="s2069094CL">Books and records required--List of members and stockholders.</span></p><p dir="ltr" class="s2069094Normal-000000"><span class="s2069094DefaultParagraphFont">A cooperative shall keep correct and complete books and records of account, and shall also keep minutes of the proceedings of meetings of its members, board, and executive committee. The cooperative shall keep at its principal office records of the names and addresses of all members and stockholders with the amount of stock held by each, and of ownership of equity interests.</span></p><p dir="ltr" class="s2069094Normal"><span xml:space="preserve" class="s2069094000001"> </span></p><p dir="ltr" class="s2069094Normal"><span class="s2069094SCL">Source:</span><span xml:space="preserve" class="s2069094SCL-000002"> SDC 1939, § 11.1133 (1) as enacted by SL 1965, ch 23, § 1.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069095Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069095SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069095CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069095Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069095DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069095000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069095SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069095SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2069095Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-20-2"><span class="s2069095SENU">47-20-2</span></a><span xml:space="preserve" class="s2069095SENU">. </span><span class="s2069095CL">Inspection of books and records.</span></p><p dir="ltr" class="s2069095Normal-000000"><span class="s2069095DefaultParagraphFont">At any reasonable time, any member or stockholder of a cooperative, or his agent or attorney, upon written notice stating the purposes thereof, delivered or sent to the cooperative at least one week in advance, may examine for a proper purpose any books or records pertinent to the purpose specified in such notice.</span></p><p dir="ltr" class="s2069095Normal"><span xml:space="preserve" class="s2069095000001"> </span></p><p dir="ltr" class="s2069095Normal"><span class="s2069095SCL">Source:</span><span xml:space="preserve" class="s2069095SCL-000002"> SDC 1939, § 11.1133 (1) as enacted by SL 1965, ch 23, § 1.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069096Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069096SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069096CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069096Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069096DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069096000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069096SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069096SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2069096Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-20-3"><span class="s2069096SENU">47-20-3</span></a><span xml:space="preserve" class="s2069096SENU">. </span><span class="s2069096CL">Court order for production of books and records--Violation--Penalty.</span></p><p dir="ltr" class="s2069096Normal-000000"><span class="s2069096DefaultParagraphFont">In any proceedings, or upon petition for such purpose any court of record may, upon notice and after hearing at which proper cause is shown, and upon suitable terms, order any of the cooperative's books or records, and any other pertinent documents in its possession, or duly authenticated copies thereof, to be brought within this state. Such documents shall be kept at such place and for such time and purposes as the order designates. Any cooperative failing to comply with the order is subject to dissolution, and its directors and officers are liable for contempt of court.</span></p><p dir="ltr" class="s2069096Normal"><span xml:space="preserve" class="s2069096000001"> </span></p><p dir="ltr" class="s2069096Normal"><span class="s2069096SCL">Source:</span><span xml:space="preserve" class="s2069096SCL-000002"> SDC 1939, § 11.1133 (2) as enacted by SL 1965, ch 23, § 1.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069097Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069097SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069097CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069097Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069097DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069097000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069097SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069097SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2069097Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-20-4"><span class="s2069097SENU">47-20-4</span></a><span xml:space="preserve" class="s2069097SENU">. </span><span class="s2069097CL">Annual financial report to stockholders or members--Contents of report.</span></p><p dir="ltr" class="s2069097Normal-000000"><span xml:space="preserve" class="s2069097DefaultParagraphFont">Within nine months after the close of its fiscal year, each cooperative organized under chapters </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-15"><span class="s2069097DefaultParagraphFont">47-15</span></a><span xml:space="preserve" class="s2069097DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-20"><span class="s2069097DefaultParagraphFont">47-20</span></a><span class="s2069097DefaultParagraphFont">, inclusive, shall mail or electronically transmit to each of its stockholders or members, at the stockholder's or member's last known address, a financial report signed by a principal officer, managing agent, or a public accountant, showing its assets and liabilities and proceeds or loss for the preceding fiscal year.</span></p><p dir="ltr" class="s2069097Normal"><span xml:space="preserve" class="s2069097000001"> </span></p><p dir="ltr" class="s2069097Normal"><span class="s2069097SCL">Source:</span><span xml:space="preserve" class="s2069097SCL-000002"> SDC 1939, § 11.1134 (5) as enacted by SL 1965, ch 23, § 1; SL 2018, ch 260, § 11.</span></p></div></body></html><br /><hr><br /> <HTML> <HEAD> <HTML> <HEAD> <meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS47-20-5 </title> <META NAME="Keywords" Content="South Dakota Codified Laws SDCL 47-20-5 "> <META NAME="Description" Content="South Dakota Codified Laws 47-20-5"> </HEAD> <BODY> <!-- File converted by Wp2Html Version 4.0 --> <!-- Email Andrew@brackenbeds.co.uk for more details --> <!-- WP Style Open: System_34 --><!-- WP Style End: System_34 --> <Div align="full"> <!-- WP Paired Style On: SENU -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: SENU --> 47-20-5, 47-20-6. <!-- WP Paired Style Off: SENU -->&nbsp;<!-- WP Style End: SENU --> Repealed by SL 2008, ch 275, &#167;&nbsp;60.<p> </BODY> </HTML> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.sb662cf83216e4159bacb201e547cc399Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sb662cf83216e4159bacb201e547cc399SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sb662cf83216e4159bacb201e547cc399CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.sb662cf83216e4159bacb201e547cc399Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sb662cf83216e4159bacb201e547cc399DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sb662cf83216e4159bacb201e547cc399000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sb662cf83216e4159bacb201e547cc399NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sb662cf83216e4159bacb201e547cc399DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sb662cf83216e4159bacb201e547cc399SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 47-20-7 - Annual financial report--Delivery to secretary of state--Fee--Returning improper report."><meta property="og:description" content="SDLRC Codified Law 47-20-7 - Annual financial report--Delivery to secretary of state--Fee--Returning improper report."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/47-20-7"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="sb662cf83216e4159bacb201e547cc399Normal"><a href="https://sdlegislature.gov/Statutes?Statute=47-20-7" rel="noopener"><span class="sb662cf83216e4159bacb201e547cc399SENU">47-20-7</span></a><span xml:space="preserve" class="sb662cf83216e4159bacb201e547cc399SENU">. </span><span class="sb662cf83216e4159bacb201e547cc399CL">Annual financial report--Delivery to secretary of state--Fee--Returning improper report.</span></p><p dir="ltr" class="sb662cf83216e4159bacb201e547cc399Statute"><span xml:space="preserve" class="sb662cf83216e4159bacb201e547cc399DefaultParagraphFont">A cooperative must deliver the annual report required by § </span><a href="https://sdlegislature.gov/Statutes?Statute=47-20-4" rel="noopener"><span class="sb662cf83216e4159bacb201e547cc399DefaultParagraphFont">47-20-4</span></a><span xml:space="preserve" class="sb662cf83216e4159bacb201e547cc399DefaultParagraphFont"> to the secretary of state pursuant to §§ </span><a href="https://sdlegislature.gov/Statutes?Statute=59-11-24" rel="noopener"><span class="sb662cf83216e4159bacb201e547cc399DefaultParagraphFont">59-11-24</span></a><span xml:space="preserve" class="sb662cf83216e4159bacb201e547cc399DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes?Statute=59-11-28" rel="noopener"><span class="sb662cf83216e4159bacb201e547cc399DefaultParagraphFont">59-11-28</span></a><span class="sb662cf83216e4159bacb201e547cc399DefaultParagraphFont">, inclusive. A fee of fifty-five dollars must be paid to the secretary of state for filing the report.</span></p><p dir="ltr" class="sb662cf83216e4159bacb201e547cc399Statute"><span class="sb662cf83216e4159bacb201e547cc399DefaultParagraphFont">If the report does not conform to requirements, the report must be returned to the cooperative for necessary corrections.</span></p><p dir="ltr" class="sb662cf83216e4159bacb201e547cc399Normal"><span xml:space="preserve" class="sb662cf83216e4159bacb201e547cc399000000"> </span></p><p dir="ltr" class="sb662cf83216e4159bacb201e547cc399NoIndent"><span xml:space="preserve" class="sb662cf83216e4159bacb201e547cc399DefaultParagraphFont-000001">Source: </span><span class="sb662cf83216e4159bacb201e547cc399SCL">SDC 1939, § 11.1134 (3) as enacted by SL 1965, ch 23, § 1; SL 1966, ch 16, § 2; SL 1986, ch 383, § 6; SL 2003, ch 8, § 15; SL 2008, ch 275, § 61; SL 2025, ch 189, § 2.</span></p></div></body></html><br /><hr><br /> <HTML> <HEAD> <HTML> <HEAD> <meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS47-20-8 </title> <META NAME="Keywords" Content="South Dakota Codified Laws SDCL 47-20-8 "> <META NAME="Description" Content="South Dakota Codified Laws 47-20-8"> </HEAD> <BODY> <!-- File converted by Wp2Html Version 4.0 --> <!-- Email Andrew@brackenbeds.co.uk for more details --> <!-- WP Style Open: System_34 --><!-- WP Style End: System_34 --> <Div align="full"> <!-- WP Paired Style On: SENU -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: SENU --> 47-20-8 to 47-20-9. <!-- WP Paired Style Off: SENU -->&nbsp;<!-- WP Style End: SENU --> Repealed by SL 2008, ch 275, &#167;&nbsp;60.<p> </BODY> </HTML> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069101Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069101SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069101CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069101Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069101DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069101000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069101SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069101SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2069101Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-20-10"><span class="s2069101SENU">47-20-10</span></a><span xml:space="preserve" class="s2069101SENU">. </span><span class="s2069101CL">Filing and receipt of documents.</span></p><p dir="ltr" class="s2069101Normal-000000"><span xml:space="preserve" class="s2069101DefaultParagraphFont">When any document is to be filed and recorded under chapters </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-15"><span class="s2069101DefaultParagraphFont">47-15</span></a><span xml:space="preserve" class="s2069101DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-20"><span class="s2069101DefaultParagraphFont">47-20</span></a><span class="s2069101DefaultParagraphFont">, inclusive, an original and one exact or conforming copy of the document shall be delivered to the secretary of state. He shall stamp on both the original and the copy the date of filing and return the copy to the cooperative with his certificate of filing.</span></p><p dir="ltr" class="s2069101Normal"><span xml:space="preserve" class="s2069101000001"> </span></p><p dir="ltr" class="s2069101Normal"><span class="s2069101SCL">Source:</span><span xml:space="preserve" class="s2069101SCL-000002"> SDC 1939, § 11.1151 (1) as enacted by SL 1965, ch 23, § 1; SL 1989, ch 390, § 15.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069102Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069102SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069102CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069102Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069102DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069102000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069102SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069102SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2069102Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-20-11"><span class="s2069102SENU">47-20-11</span></a><span xml:space="preserve" class="s2069102SENU">. </span><span class="s2069102CL">Recordation of documents.</span></p><p dir="ltr" class="s2069102Normal-000000"><span xml:space="preserve" class="s2069102DefaultParagraphFont">Any document referred to in chapters </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-15"><span class="s2069102DefaultParagraphFont">47-15</span></a><span xml:space="preserve" class="s2069102DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-20"><span class="s2069102DefaultParagraphFont">47-20</span></a><span class="s2069102DefaultParagraphFont">, inclusive, is recorded when left for record in the proper office with all required fees paid.</span></p><p dir="ltr" class="s2069102Normal"><span xml:space="preserve" class="s2069102000001"> </span></p><p dir="ltr" class="s2069102Normal"><span class="s2069102SCL">Source:</span><span xml:space="preserve" class="s2069102SCL-000002"> SDC 1939, § 11.1151 (2) as enacted by SL 1965, ch 23, § 1.</span></p></div></body></html><br /><hr><br /> <HTML> <HEAD> <HTML> <HEAD> <meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS47-20-12 </title> <META NAME="Keywords" Content="South Dakota Codified Laws SDCL 47-20-12 "> <META NAME="Description" Content="South Dakota Codified Laws 47-20-12"> </HEAD> <BODY> <!-- File converted by Wp2Html Version 4.0 --> <!-- Email Andrew@brackenbeds.co.uk for more details --> <!-- WP Style Open: System_34 --><!-- WP Style End: System_34 --> <Div align="full"> <!-- WP Paired Style On: SENU -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: SENU --> 47-20-12. <!-- WP Paired Style Off: SENU -->&nbsp;<!-- WP Style End: SENU --> Repealed by SL 1983, ch 15, &#167;&nbsp;44<p> </BODY> </HTML> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069104Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069104SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069104CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069104Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069104DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069104000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069104SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069104SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2069104Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-20-12.1"><span class="s2069104SENU">47-20-12.1</span></a><span xml:space="preserve" class="s2069104SENU">. </span><span class="s2069104CL">Filing false document as felony.</span></p><p dir="ltr" class="s2069104Normal-000000"><span class="s2069104DefaultParagraphFont">A person who files, or causes to be filed, a document required to be filed by this chapter, which he knows to be materially false in any respect, is guilty of a Class 6 felony.</span></p><p dir="ltr" class="s2069104Normal"><span xml:space="preserve" class="s2069104000001"> </span></p><p dir="ltr" class="s2069104Normal"><span class="s2069104SCL">Source:</span><span xml:space="preserve" class="s2069104SCL-000002"> SL 1983, ch 15, § 43.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069105Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069105SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069105CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069105Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069105DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069105000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069105SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069105SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2069105Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-20-13"><span class="s2069105SENU">47-20-13</span></a><span xml:space="preserve" class="s2069105SENU">. </span><span class="s2069105CL">Fees collectible by secretary of state.</span></p><p dir="ltr" class="s2069105Normal-000000"><span xml:space="preserve" class="s2069105DefaultParagraphFont">The secretary of state shall charge and collect the fees provided by §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-1A-122"><span class="s2069105DefaultParagraphFont">47-1A-122</span></a><span xml:space="preserve" class="s2069105DefaultParagraphFont"> and </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-1A-122.1"><span class="s2069105DefaultParagraphFont">47-1A-122.1</span></a><span xml:space="preserve" class="s2069105DefaultParagraphFont"> for filing the instruments and issuing the certificates relating to domestic corporations therein provided. The fees applicable to amended articles of incorporation shall apply to restated articles of incorporation and fees applicable to the articles of incorporation shall apply to articles of merger or consolidation.</span></p><p dir="ltr" class="s2069105Normal"><span xml:space="preserve" class="s2069105000001"> </span></p><p dir="ltr" class="s2069105Normal"><span class="s2069105SCL">Source:</span><span xml:space="preserve" class="s2069105SCL-000002"> SDC 1939, § 11.1152 as enacted by SL 1965, ch 23, § 1; SL 1966, ch 16, § 4; SL 1967, ch 12; SL 2005, ch 202, § 5.</span></p><p dir="ltr" class="s2069105Normal"><span xml:space="preserve" class="s2069105000001"> </span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069106Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069106SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069106CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069106Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069106DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069106000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069106SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069106SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2069106Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-20-14"><span class="s2069106SENU">47-20-14</span></a><span xml:space="preserve" class="s2069106SENU">. </span><span class="s2069106CL">Fees collectible from foreign corporations.</span></p><p dir="ltr" class="s2069106Normal-000000"><span xml:space="preserve" class="s2069106DefaultParagraphFont">The secretary of state shall charge and collect the fees provided by §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-1A-122"><span class="s2069106DefaultParagraphFont">47-1A-122</span></a><span xml:space="preserve" class="s2069106DefaultParagraphFont"> and </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-1A-122.1"><span class="s2069106DefaultParagraphFont">47-1A-122.1</span></a><span xml:space="preserve" class="s2069106DefaultParagraphFont"> for filing instruments and issuing certificates relating to foreign corporations.</span></p><p dir="ltr" class="s2069106Normal"><span xml:space="preserve" class="s2069106000001"> </span></p><p dir="ltr" class="s2069106Normal"><span class="s2069106SCL">Source:</span><span xml:space="preserve" class="s2069106SCL-000002"> SDC 1939, § 11.1152 as enacted by SL 1965, ch 23, § 1; SL 1966, ch 16, § 4; SL 1967, ch 12; SL 2005, ch 202, § 6.</span></p><p dir="ltr" class="s2069106Normal"><span xml:space="preserve" class="s2069106000001"> </span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069107Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069107SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069107CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069107Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069107DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069107000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069107SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069107SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2069107Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-20-15"><span class="s2069107SENU">47-20-15</span></a><span xml:space="preserve" class="s2069107SENU">. </span><span class="s2069107CL">Registered office required.</span></p><p dir="ltr" class="s2069107Normal-000000"><span class="s2069107DefaultParagraphFont">Each corporation shall have and continuously maintain in this state a registered office which may be, but need not be, the same as its place of business.</span></p><p dir="ltr" class="s2069107Normal"><span xml:space="preserve" class="s2069107000001"> </span></p><p dir="ltr" class="s2069107Normal"><span class="s2069107SCL">Source:</span><span xml:space="preserve" class="s2069107SCL-000002"> SL 1977, ch 381, § 2.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069108Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069108SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069108CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069108Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2069108DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069108000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069108SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069108SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2069108Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-20-16"><span class="s2069108SENU">47-20-16</span></a><span xml:space="preserve" class="s2069108SENU">. </span><span class="s2069108CL">Registered agent required.</span></p><p dir="ltr" class="s2069108Normal-000000"><span class="s2069108DefaultParagraphFont">Each corporation shall have and continuously maintain in this state a registered agent, which agent may be either an individual resident in this state whose business office is identical with such registered office, or a domestic corporation, or a foreign corporation authorized to do or engage in any business in this state, or a domestic limited liability company, or a domestic limited liability partnership, having a business office identical with such registered office.</span></p><p dir="ltr" class="s2069108Normal"><span xml:space="preserve" class="s2069108000001"> </span></p><p dir="ltr" class="s2069108Normal"><span class="s2069108SCL">Source:</span><span xml:space="preserve" class="s2069108SCL-000002"> SL 1977, ch 381, § 3; SL 2006, ch 228, § 4.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 47-20 - COOPERATIVES--RECORDS, ACCOUNTS AND REPORTS</title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2069109Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2069109SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069109CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2069109Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2069109DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2069109Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2069109000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2069109SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2069109SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2069109Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=47-20-17"><span class="s2069109SENU">47-20-17</span></a><span xml:space="preserve" class="s2069109SENU">. </span><span class="s2069109CL">Change of registered office or registered agent--Procedure.</span></p><p dir="ltr" class="s2069109Normal-000000"><span class="s2069109DefaultParagraphFont">A corporation may change its registered office or change its registered agent, or both, upon filing in the Office of the Secretary of State a statement setting forth:</span></p><p dir="ltr" class="s2069109Normal-000001"><span class="s2069109DefaultParagraphFont">(1)    The name of the corporation;</span></p><p dir="ltr" class="s2069109Normal-000001"><span class="s2069109DefaultParagraphFont">(2)    The street address, or a statement that there is no street address, of its current registered office;</span></p><p dir="ltr" class="s2069109Normal-000001"><span class="s2069109DefaultParagraphFont">(3)    If the address of its current registered office is to be changed, the street address, or a statement that there is no street address, of its new registered office;</span></p><p dir="ltr" class="s2069109Normal-000001"><span class="s2069109DefaultParagraphFont">(4)    The name of its current registered agent;</span></p><p dir="ltr" class="s2069109Normal-000001"><span xml:space="preserve" class="s2069109DefaultParagraphFont">(5)    If its current registered agent is to be changed, the name of the new registered agent and the new agent's written consent to the appointment. Such consent may be given by electronic signature pursuant to chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=53-12"><span class="s2069109DefaultParagraphFont">53-12</span></a><span xml:space="preserve" class="s2069109DefaultParagraphFont"> ;</span></p><p dir="ltr" class="s2069109Normal-000001"><span class="s2069109DefaultParagraphFont">(6)    That the address of its registered office and the address of the business office of its registered agent, as changed, will be identical; and</span></p><p dir="ltr" class="s2069109Normal-000001"><span class="s2069109DefaultParagraphFont">(7)    That such change was authorized by resolution duly adopted by the board of directors.</span></p><p dir="ltr" class="s2069109Normal"><span xml:space="preserve" class="s2069109000002"> </span></p><p dir="ltr" class="s2069109Normal"><span class="s2069109SCL">Source:</span><span xml:space="preserve" class="s2069109SCL-000003"> SL 1977, ch 381, § 4; SL 1989, ch 390, § 16; SL 2004, ch 280, § 8.</span></p></div></body></html>