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SOUTH DAKOTA STATUTES AND CODES
Section 47-16-25 - Reacquisition of stock.
47-16-25. Reacquisition of stock. When stock is acquired, recalled, exchanged, or redeemed by the cooperative, such stock is restored to the status of authorized but unissued stock.
Source: SDC 1939, § 11.1118 (4) as enacted by SL 1965, ch 23, § 1.
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