47-21-51. Husband and wife as members--Membership not transferable--Additional qualifications of members. A husband and wife may hold a joint membership in a cooperative. Membership in a cooperative shall not be transferable, except as provided in the bylaws. The bylaws may prescribe additional qualifications and limitations in respect of membership.
Source: SL 1947, ch 33, § 9; SDC Supp 1960, § 11.2209.
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