There shall be no distinction between the persons entitled to reserves and distributions under §§ 47-16-47 and 47-16-48, but such reserves and distribution may be based upon business done with particular departments or in particular commodities, supplies, or services, or upon classification of business according to the type or nature thereof.
S.D. Codified Laws § 47-16-49
Classification of patrons
Source: SDC 1939, § 11.1131 (3) (c) as enacted by SL 1965, ch 23, § 1.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.