A foreign cooperative, that has been issued a certificate of authority by the South Dakota secretary of state and has filed the required annual reports, is entitled to the same exemptions as a domestic cooperative pursuant to SDCL 47-31B-201(8).
S.D. Admin. R. 20:08:07:17
General Authority: SDCL 47-31B-203, 47-31B-605(a)(1), 47-31B-605(a)(3).
Law Implemented: SDCL 47-31B-203.