Forfeiture of unclaimed credits

Any cooperative organized under this chapter is subject to §§ 47-16-54 to 47-16-57 , inclusive. The provisions of §§ 47-16-54 to 47-16-57 , inclusive, apply to all money or property described in § 47-16-54 the payment or delivery of which was authorized either before or after July 1, 1993. Source: SL 1993, ch 339.