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Section 47-18-8 - Articles of division--Contents and filing.

47-18-8. Articles of division--Contents and filing. Articles of division of a cooperative shall set forth the approved plan and such other information as required by § 47-15-9 and shall be filed and recorded as an amendment to the articles. Each part of the plan which contains the articles of a new cooperative shall be separately filed and recorded as articles of incorporation for such new cooperative.

Source: SDC 1939, § 11.1141 (3) as enacted by SL 1965, ch 23, § 1.

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