Distribution of property on dissolution of grazing district.

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40-23-30. Distribution of property on dissolution of grazing district.

Whenever any cooperative grazing district is dissolved by act of its board of directors or otherwise, then the rights and interests therein shall be distributed among the members in proportion to the amounts paid in by the various members as assessments, as nearly as the board of directors may determine.

Source: SDC 1939, §40.1809.


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