S.D. Codified Laws § 40-23-23

Current through the 2024 Legislative Session

Section 40-23-23 - Reserves established by directors

The directors shall have power to set up such reserves as in their judgment may be advisable, after all costs, expenses, rentals, and other legal charges against the association have been provided for.

SDCL 40-23-23

SDC 1939, § 40.1806 (8).