What happens to the capital credits if the cooperative is unable to locate a member?
The cooperative tries very hard to locate members who have not cashed their retired capital credit checks. Ads are placed in the ND Living Magazine asking people to call in if they know the whereabouts of a retired member. If the member doesn’t claim the check with in 90 days the cooperative records the capital credits as unretired capital credits and the money is deposited into a fund that is used by the cooperative for economic development.
