47-21-51. Husband and wife as members--Membership not transferable--Additional qualifications of members.
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/sd/title-47/chapter-47-21/47-21-51A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A husband and wife may hold a joint membership in a cooperative. Membership in a cooperative shall not be transferable, except as provided in the bylaws. The bylaws may prescribe additional qualifications and limitations in respect of membership.