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

SDCL § 47-16-48: Ratio of patronage as determining payment to patron.

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Where this section sits in the code
  1. TITLE 47. CORPORATIONS
  2. CHAPTER 47-16. COOPERATIVES--MEMBERSHIP, STOCK AND DISTRIBUTIONS

All the remainder of the net proceeds of a cooperative after reserves created pursuant to § 47-16-47 shall be distributed and paid 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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