47-16-40. Distribution of net proceeds.
24 words·~1 min read·
/sd/title-47/chapter-47-16/47-16-40A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
At least once annually the directors of a cooperative shall determine and distribute net proceeds as provided by §§ 47-16-41 to 47-16-53 , inclusive.