Section 47-20-4 - Annual financial report to stockholders or members--Contents of report.
47-20-4. Annual financial report to stockholders or members--Contents of report. Within nine months after the close of its fiscal year, each cooperative organized under chapters 47-15 to 47-20, inclusive, shall mail to each of its stockholders or members, at their last known post office addresses, a financial report signed by a principal officer, managing agent, or a public accountant, showing its assets and liabilities and proceeds or loss for the preceding fiscal year.
Source: SDC 1939, § 11.1134 (5) as enacted by SL 1965, ch 23, § 1.