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Section 47-15-3 - Requisites for formation.

47-15-3. Requisites for formation. Three or more natural persons of legal age, one of whom must be a resident, may form a cooperative by signing, acknowledging, filing, and recording articles of incorporation.

Source: SDC 1939, § 11.1104 as enacted by SL 1965, ch 23, § 1.

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