Section 47-16-49 - Classification of patrons. - South-dakota Statutes

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47-16-49. Classification of patrons. There shall be no distinction between the persons entitled to reserves and distributions under §§ 47-16-47 and 47-16-48, but such reserves and distribution may be based upon business done with particular departments or in particular commodities, supplies, or services, or upon classification of business according to the type or nature thereof.

Source: SDC 1939, § 11.1131 (3) (c) as enacted by SL 1965, ch 23, § 1.

State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-16 > Statute-47-16-49

47-16-49. Classification of patrons. There shall be no distinction between the persons entitled to reserves and distributions under §§ 47-16-47 and 47-16-48, but such reserves and distribution may be based upon business done with particular departments or in particular commodities, supplies, or services, or upon classification of business according to the type or nature thereof.

Source: SDC 1939, § 11.1131 (3) (c) as enacted by SL 1965, ch 23, § 1.

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State Codes and Statutes

Statutes > South-dakota > Title-47 > Chapter-16 > Statute-47-16-49

47-16-49. Classification of patrons. There shall be no distinction between the persons entitled to reserves and distributions under §§ 47-16-47 and 47-16-48, but such reserves and distribution may be based upon business done with particular departments or in particular commodities, supplies, or services, or upon classification of business according to the type or nature thereof.

Source: SDC 1939, § 11.1131 (3) (c) as enacted by SL 1965, ch 23, § 1.