SDCL § 47-10-21: Nonstockholder members--Right to share in surplus.
Where this section sits in the code
- TITLE 47. CORPORATIONS
- CHAPTER 47-10. BUSINESS DEVELOPMENT CREDIT CORPORATIONS
Nonstockholder members of a business development credit corporation shall not share in any surplus of the corporation in excess of the obligations due such nonstockholder members.
Collected 2026-09-03T15:18:57Z. Source file · JSON