Section 47-10-21 - Nonstockholder members--Right to share in surplus

47-10-21. Nonstockholder members--Right to share in surplus.Nonstockholder members of a business development credit corporation shall not share in any surplus of the corporation in excess of the obligations due such nonstockholder members. Source: SL 1957, ch 314, §5; SDC Supp 1960, §55.6005 (2) (e).