Section 47-21-51 - Husband and wife as members--Membership not transferable--Additionalqualifications of members. - South Dakota Statutes

47-21-51. Husband and wife as members--Membership not transferable--Additional qualifications of members. A husband and wife may hold a joint membership in a cooperative. Membership in a cooperative shall not be transferable, except as provided in the bylaws. The bylaws may prescribe additional qualifications and limitations in respect of membership.

Source: SL 1947, ch 33, § 9; SDC Supp 1960, § 11.2209.