Upon approval pursuant to § 47-21-37 of a proposition to dissolve, a certificate of election to dissolve (hereinafter designated the “certificate”), executed and acknowledged on behalf of the cooperative by its president or vicepresident under its seal, attested by its secretary and stating:

(1) The name of the cooperative;

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Terms Used In South Dakota Codified Laws 47-21-38

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Seal: includes an impression of the seal upon the paper alone, as well as upon wax or a wafer affixed to the paper, and also the word "seal" written or printed on such paper. See South Dakota Codified Laws 2-14-2

(2) The address of its principal office; and

(3) That the members of the cooperative have duly voted that the cooperative be dissolved,

shall, together with an affidavit made by its president or vicepresident executing the certificate, stating that the statements in the certificate are true, be submitted to the secretary of state for filing.

Source: SL 1947, ch 33, § 21; SDC Supp 1960, § 11.2221 (2).