Unless otherwise provided by its articles, a cooperative may exercise all powers necessary or convenient to effect its purposes. Source: SDC 1939, § 11.1103 (13) as enacted by SL 1965, ch 23 , § 1.
Powers of cooperatives--Effectuation of purpose
SDCL § 47-15-39 — under COOPERATIVES--FORMATION AND GENERAL POWERS.
SDCL § 47-15-39