42 chapters · 536 sections in this title.
SDCL § 40-25-1 Number of organizers required to form association
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Any number of persons not less than six, may associate themselves together as a cooperative association, society, or company for the purpose of conducting a purebred livestock registry association. Source: SDC 1939, § 40.1601.
SDCL § 40-25-10 Officers of association
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The officers of every purebred livestock registry association shall be a president, one or more vice - presidents, a secretary, and a treasurer, who shall be elected annually by the directors and each of such officers must be a director of the association. The office of secretary…
SDCL § 40-25-11 Salaries paid by association--Ownership of property
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A purebred livestock registry association shall have power to pay such salaries as its stockholders or directors may prescribe and own such real and personal property as may be required for efficient operation of its business and accomplishment of the purposes for which organized…
SDCL § 40-25-12 Operation as nonprofit corporation--Purposes
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A purebred livestock registry association shall operate as a nonprofit - making corporation and for the promotion of the purebred livestock industry by educational and regulatory measures. Source: SDC 1939, § 40.1605.