Section 47-16-42 - Procedure for distribution.
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.