Powers of cooperative--Franchises, licenses and easements

A cooperative shall have power to purchase, lease as lessee, or otherwise acquire, and to use, and exercise and to sell, assign, convey, mortgage, pledge, or otherwise dispose of or encumber, franchises, rights, privileges, licenses, and easements. Source: SL 1947, ch 33, § 4; SDC Supp 1960, § 11.2204 (6).