A member owning membership stock of a cooperative gains no additional vote thereby. Source: SDC 1939, § 11.1114 (3) as enacted by SL 1965, ch 23 , § 1.
SDCL § 47-16-12 — under COOPERATIVES--MEMBERSHIP, STOCK AND DISTRIBUTIONS.
SDCL § 47-16-12
A member owning membership stock of a cooperative gains no additional vote thereby. Source: SDC 1939, § 11.1114 (3) as enacted by SL 1965, ch 23 , § 1.