South Dakota Codified Laws 47-27-10. Certificate as not authorizing acts prohibited locally
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No foreign corporation shall be entitled to procure a certificate of authority under this chapter to conduct in this state any affairs which a corporation organized under chapter 47-22 is prohibited from conducting.
Terms Used In South Dakota Codified Laws 47-27-10
- 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 1965, ch 24, § 65.