47-20-4. Annual financial report to stockholders or members--Contents of report.
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/sd/title-47/chapter-47-20/47-20-4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Within nine months after the close of its fiscal year, each cooperative organized under chapters 47-15 to 47-20 , inclusive, shall mail or electronically transmit to each of its stockholders or members, at the stockholder's or member's last known address, a financial report signed by a principal officer, managing agent, or a public accountant, showing its assets and liabilities and proceeds or loss for the preceding fiscal year.