{"data":{"id":"us-sd/sdcl-47-16-50","jurisdiction":"us-sd","citation":"SDCL § 47-16-50","heading":"Credit to surplus and reserves.","body":"If the articles or bylaws of a cooperative so provide, any of the net proceeds may be credited to allocated or unallocated surplus or reserves of the cooperative.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-16. COOPERATIVES--MEMBERSHIP, STOCK AND DISTRIBUTIONS"],"source_url":"https://sdlegislature.gov/Statutes/47-16-50","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"6a3f96eee62c00d72f22d5b00ea1a6103dd46951044addb811ded9ef20b315c1","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-16-49","next":"us-sd/sdcl-47-16-51"},"notice":"GroundRules: Original legal text. Not legal advice."}
