Cooperative associations having not more than forty percent of nonmember patrons shall not be deemed dealers at wholesale within the meaning of this chapter.
S.D. Codified Laws § 40-33-5
Cooperatives not deemed dealers at wholesale
Source: SL 1955, ch 5, § 2; SDC Supp 1960, § 4.2402 (3); SL 1963, ch 9, § 2.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.