State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-10 > Statute-47-10-17

47-10-17. Nonstockholder members--Establishment of line of credit. Each nonstockholder member of a business development credit corporation shall establish a line of credit to the corporation as determined in the articles of incorporation.

Source: SL 1957, ch 314, § 5; SDC Supp 1960, § 55.6005 (2) (a).

State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-10 > Statute-47-10-17

47-10-17. Nonstockholder members--Establishment of line of credit. Each nonstockholder member of a business development credit corporation shall establish a line of credit to the corporation as determined in the articles of incorporation.

Source: SL 1957, ch 314, § 5; SDC Supp 1960, § 55.6005 (2) (a).