47-16-56.   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 authorized person.

Source: SDC 1939, § 11.1132 (2) as enacted by SL 1965, ch 23, § 1.

---