37-4-3. Members to comply with rules, regulations, and bylaws--Fees and assessments.
All members of a public market subject to this chapter shall be required to comply with all reasonable rules, regulations, and bylaws of such organization, which may include the payment of a membership fee and reasonable assessments equally applicable to all members.
Source: SDC 1939, ยง54.0802.
Structure South Dakota Codified Laws
Chapter 04 - Public Commodity Exchanges
Section 37-4-1 - Exchanges subject to chapter--Small-volume exchanges exempt.
Section 37-4-2 - Open membership required of exchanges--Cooperatives included.
Section 37-4-3 - Members to comply with rules, regulations, and bylaws--Fees and assessments.
Section 37-4-4 - Exchange rules controlling distribution of member profits deemed unreasonable.
Section 37-4-5 - Denial of membership by exchange as misdemeanor--Refusal to deal with member.