S.D. Codified Laws § 47-16-23
Current with legislation signed by the governor on or before 3/6/2024
Unless the articles provide otherwise, a cooperative may acquire, recall, exchange, redeem, and reissue its own stock. Provisions in the articles and on the stock certificate may reserve to the cooperative a prior right to acquire any stock offered for sale, or a right to recall the stock of any stockholder, or both of said rights.
SDCL 47-16-23