S.D. Codified Laws § 47-10-21

Current through the 2024 Legislative Session

Section 47-10-21 - Nonstockholder members-Right to share in surplus

Nonstockholder members of a business development credit corporation shall not share in any surplus of the corporation in excess of the obligations due such nonstockholder members.

SDCL 47-10-21

SL 1957, ch 314, § 5; SDC Supp 1960, § 55.6005 (2) (e).