South Dakota Statutes

§ 37-4-4 — Exchange rules controlling distribution of member profits deemed unreasonable.

South Dakota·Title 37 TRADE REGULATION·Ch. 37-4 PUBLIC COMMODITY EXCHANGES
Any rule, regulation, or bylaw of a public market subject to this chapter which shall be designated or construed as controlling, limiting, or modifying the articles of incorporation, constitution, or bylaws of any association, company, or corporation in the distribution of its profits to its stockholders and members shall be deemed to be unreasonable.

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South Dakota § 37-4-4 (Exchange rules controlling distribution of member profits deemed unreasonable.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SDC 1939, § 54.0802.

Nearby Sections

15
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