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Statutes > South Dakota Laws > Title 47 - CORPORATIONS > Chapter 15 - Cooperatives--Formation And General Powers > Section 47-15-32 - Powers of cooperatives--Investments and lending.

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SOUTH DAKOTA STATUTES AND CODES

Section 47-15-32 - Powers of cooperatives--Investments and lending.

47-15-32. Powers of cooperatives--Investments and lending. Unless otherwise provided by its articles, a cooperative may invest its funds, lend money for its purposes, and hold any property as security for repayment.

Source: SDC 1939, § 11.1103 (6) as enacted by SL 1965, ch 23, § 1.

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