40-25-11. Salaries paid by association--Ownership of property.
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/sd/title-40/chapter-40-25/40-25-11A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A purebred livestock registry association shall have power to pay such salaries as its stockholders or directors may prescribe and own such real and personal property as may be required for efficient operation of its business and accomplishment of the purposes for which organized.