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Statutes > South Dakota Laws > Title 47 - CORPORATIONS > Chapter 15 - Cooperatives--Formation And General Powers > Section 47-15-11 - Effect of amendment.

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SOUTH DAKOTA STATUTES AND CODES

Section 47-15-11 - Effect of amendment.

47-15-11. Effect of amendment. No amendment to the articles may affect any existing cause of action or proceeding to which the cooperative is a party or existing rights of persons other than members or stockholders.

Source: SDC 1939, § 11.1136 (3) as enacted by SL 1965, ch 23, § 1.

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