South Dakota Codified Laws 47-13B-3. Powers exercised only for authorized purpose–Incompatible services prohibited
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The corporation may exercise the powers and privileges conferred upon corporations by the laws of the State of South Dakota only in furtherance of and subject to its corporate purpose, the practice of accountancy in the State of South Dakota, and shall not provide services that are incompatible with the practice of public accountancy.
Terms Used In South Dakota Codified Laws 47-13B-3
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Source: SL 1971, ch 260, § 1 (3).