There is a newer version
of
this Section
2018 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 16 - Cooperatives--Membership, Stock And Distributions
§ 47-16-42 Procedure for distribution.
Universal Citation: SD Codified L § 47-16-42 (2018)
47-16-42. Procedure for distribution. After the deductions required by § 47-16-41, the remainder of the total proceeds of a cooperative are net proceeds and shall be distributed and paid as provided by §§ 47-16-44 and 47-16-45.
Source: SDC 1939, § 11.1131 (2) as enacted by SL 1965, ch 23, § 1.
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.