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2017 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 10 - Business Development Credit Corporations
§ 47-10-17 Nonstockholder members--Establishment of line of credit.
Universal Citation: SD Codified L § 47-10-17 (2017)
47-10-17. Nonstockholder members--Establishment of line of credit. Each nonstockholder member of a business development credit corporation shall establish a line of credit to the corporation as determined in the articles of incorporation.
Source: SL 1957, ch 314, § 5; SDC Supp 1960, § 55.6005 (2) (a).
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