Consolidating cooperatives

Any two or more cooperatives (each of which is hereinafter designated a "consolidating cooperative"), may consolidate into a new cooperative (hereinafter designated the "new cooperative") by complying with the requirements of §§ 47-21-26 and 47-21-27 . Source: SL 1947, ch 33, § 17; SDC Supp 1960, § 11.2217.