Any corporation formed pursuant to this chapter may enter into contracts for personal services with persons registered pursuant to chapter 36-8 for such duration as may be agreed to between the parties and persons so registered may enter into contracts with corporations formed under this chapter.

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Terms Used In South Dakota Codified Laws 47-11C-5

  • 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 1977, ch 384, § 5.

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