South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 47-16-47: Creation of reserves--Credit to patrons.

Where this section sits in the code

TITLE 47. CORPORATIONS
CHAPTER 47-16. COOPERATIVES--MEMBERSHIP, STOCK AND DISTRIBUTIONS

Reasonable reserves for necessary purposes may be created by a cooperative, which shall be credited to patrons in accordance with the ratio which their patronage bears to total patronage.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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