Cooperatives not deemed dealers at wholesale

Cooperative associations having not more than forty percent of nonmember patrons shall not be deemed dealers at wholesale within the meaning of this chapter. Source: SL 1955, ch 5 , § 2; SDC Supp 1960, § 4.2402 (3); SL 1963, ch 9 , § 2. 40-33-6. Repealed by SL 1977, ch 190 , § 537