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Home » US Law » 2022 South Dakota Codified Laws » Title 47 - Corporations » Chapter 10 - Business Development Credit Corporations » Section 47-10-17 – Nonstockholder members–Establishment of line of credit.

47-10-17. Nonstockholder members–Establishment of line of credit.

Each nonstockholder member of a business development credit corporation shall establish a line of credit to the corporation as determined in the articles of incorporation.

Source: SL 1957, ch 314, §5; SDC Supp 1960, §55.6005 (2) (a).