State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-16 > Statute-47-16-42

47-16-42. Procedure for distribution. After the deductions required by § 47-16-41, the remainder of the total proceeds of a cooperative are net proceeds and shall be distributed and paid as provided by §§ 47-16-44 and 47-16-45.

Source: SDC 1939, § 11.1131 (2) as enacted by SL 1965, ch 23, § 1.

State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-16 > Statute-47-16-42

47-16-42. Procedure for distribution. After the deductions required by § 47-16-41, the remainder of the total proceeds of a cooperative are net proceeds and shall be distributed and paid as provided by §§ 47-16-44 and 47-16-45.

Source: SDC 1939, § 11.1131 (2) as enacted by SL 1965, ch 23, § 1.