47-21-51. Husband and wife as members--Membership not transferable--Additional qualifications of members.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. Source: SL 1947, ch 33, §9; SDC Supp 1960, §11.2209.
South Dakota Legal Code