South Dakota Codified Laws 47-22-68. Powers of corporation–Other powers
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Each corporation shall have power to have and exercise all powers necessary or convenient to effect any or all of the purposes for which the corporation is organized.
Terms Used In South Dakota Codified Laws 47-22-68
- 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 (17).