Section 47-15-32 - Powers of cooperatives--Investments and lending.
47-15-32. Powers of cooperatives--Investments and lending. Unless otherwise provided by its articles, a cooperative may invest its funds, lend money for its purposes, and hold any property as security for repayment.
Source: SDC 1939, § 11.1103 (6) as enacted by SL 1965, ch 23, § 1.