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Section 47-10-17 - Nonstockholder members--Establishment of line of credit — South Dakota Law | CourtGPT
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South Dakota Legal Code

Section 47-10-17 - Nonstockholder members--Establishment of line of credit

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47-10-17. Nonstockholder members--Establishment of line of credit.Each nonstockholder member of a business development credit corporation shall establish a line of credit to the corporation as determined in the articles of incorporation. Source: SL 1957, ch 314, §5; SDC Supp 1960, §55.6005 (2) (a).