S.D. Codified Laws § 47-16-30
Current through the 2024 Legislative Session
Except for debts lawfully contracted between the member and the cooperative, no member or patron is liable for the debts of the cooperative to an amount exceeding the sum remaining unpaid on his subscription for shares of the cooperative, and the sum unpaid on such members membership fees, if such fee is required by the cooperative.
SDCL 47-16-30