South Dakota Codified Laws 47-15-32. Powers of cooperatives–Investments and lending
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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.
Terms Used In South Dakota Codified Laws 47-15-32
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
Source: SDC 1939, § 11.1103 (6) as enacted by SL 1965, ch 23, § 1.