47-16-47. Creation of reserves--Credit to patrons.
29 words·~1 min read·
/sd/title-47/chapter-47-16/47-16-47A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Reasonable reserves for necessary purposes may be created by a cooperative, which shall be credited to patrons in accordance with the ratio which their patronage bears to total patronage.