47-16-56 Notice to claimant--Contents of notice.
Notice to claimant--Contents of notice.
If the names and post office addresses of
the person or persons entitled to receive the money or property mentioned in § 47-16-54 are shown
upon the records of the cooperative, or are known to the secretary thereof, a notice shall be mailed
to such person or persons at their last known post office addresses, which notice shall describe the
money or property referred to, state the name of the person or persons who appear to be entitled
thereto as shown by the records of the cooperative, and state that said money or property will be
forfeited to the cooperative six months from the date the notice is mailed unless said money or
property is claimed and proper evidence of ownership is submitted within that time; the notice shall
be dated and signed and mailed on behalf of the cooperative by its secretary or any other duly
Source: SDC 1939, § 11.1132 (2) as enacted by SL 1965, ch 23, § 1.