State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-16 > Statute-47-16-40

47-16-40. Distribution of net proceeds. At least once annually the directors of a cooperative shall determine and distribute net proceeds as provided by §§ 47-16-41 to 47-16-53, inclusive.

Source: SDC 1939, § 11.1131 as enacted by SL 1965, ch 23, § 1.

State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-16 > Statute-47-16-40

47-16-40. Distribution of net proceeds. At least once annually the directors of a cooperative shall determine and distribute net proceeds as provided by §§ 47-16-41 to 47-16-53, inclusive.

Source: SDC 1939, § 11.1131 as enacted by SL 1965, ch 23, § 1.