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Section 47-18-21 - Action as staying all other proceedings.

47-18-21. Action as staying all other proceedings. The filing of an action under § 47-18-17 operates as a stay of all other proceedings against the cooperative until such time as the court issues its final judgment or directs otherwise.

Source: SDC 1939, § 11.1145 (5) as enacted by SL 1965, ch 23, § 1.

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