Statutes, codes, and regulations
South Dakota Codified Laws
Title 37 - TRADE REGULATION
Chapter 4 - PUBLIC COMMODITY EXCHANGES
Section 37-4-4 - Exchange rules controlling distribution of member profits deemed unreasonable

S.D. Codified Laws § 37-4-4

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Current through the 2024 Legislative Session
Section 37-4-4 - Exchange rules controlling distribution of member profits deemed unreasonable

Any rule, regulation, or bylaw of a public market subject to this chapter which shall be designated or construed as controlling, limiting, or modifying the articles of incorporation, constitution, or bylaws of any association, company, or corporation in the distribution of its profits to its stockholders and members shall be deemed to be unreasonable.

SDCL 37-4-4

SDC 1939, § 54.0802.