{"data":{"id":"us-sd/sdcl-47-16-47","jurisdiction":"us-sd","citation":"SDCL § 47-16-47","heading":"Creation of reserves--Credit to patrons.","body":"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.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-16. COOPERATIVES--MEMBERSHIP, STOCK AND DISTRIBUTIONS"],"source_url":"https://sdlegislature.gov/Statutes/47-16-47","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"a2161eac2d17584118c96be2b27216f73ee42d817dea5da0c087999799bb7f06","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-16-46","next":"us-sd/sdcl-47-16-48"},"notice":"GroundRules: Original legal text. Not legal advice."}