South Dakota Codified Laws 47-22-62. Powers of corporation–Officers and agents
Current as of: 2023 | Check for updates
|
Other versions
Each corporation shall have power to elect or appoint officers and agents of the corporation, who may be directors or members, and define their duties and fix their compensation.
Terms Used In South Dakota Codified Laws 47-22-62
- 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, § 5 (11).