S.D. Codified Laws § 47-16-25

Current through the 2024 Legislative Session

Section 47-16-25 - Reacquisition of stock

When stock is acquired, recalled, exchanged, or redeemed by the cooperative, such stock is restored to the status of authorized but unissued stock.

SDCL 47-16-25

SDC 1939, § 11.1118 (4) as enacted by SL 1965, ch 23, § 1.