47-16-42. Procedure for distribution.After the deductions required by §47-16-41, the remainder of the total proceeds of a cooperative are net proceeds and shall be distributed and paid as provided by §§47-16-44 and 47-16-45. Source: SDC 1939, §11.1131 (2) as enacted by SL 1965, ch 23, §1.
South Dakota Legal Code