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Home » US Law » 2022 South Dakota Codified Laws » Title 47 - Corporations » Chapter 16 - Cooperatives--Membership, Stock And Distributions » Section 47-16-31 – Missing securities–Issuance of duplicate.

47-16-31. Missing securities–Issuance of duplicate.

When a security issued by a cooperative is missing, the cooperative shall issue a duplicate security if the owner so requests and furnishes an indemnity acceptable to the cooperative.

Source: SDC 1939, §11.1121 (1) as enacted by SL 1965, ch 23, §1.