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47-15-15. Adoption of restated articles.

A cooperative may, by action taken in the manner required for an amendment, adopt restated articles which shall state that they supersede existing articles and amendments. Restated articles shall meet all requirements of original articles.

Source: SDC 1939, §11.1137 as enacted by SL 1965, ch 23, §1; SL 1977, ch 381, §9.