47-11D-23. Application of private corporations law.
47 words·~1 min read·
/sd/title-47/chapter-47-11/47-11d-23A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The provisions of the law governing private corporations apply to corporations formed under this chapter, including their organization, and they enjoy the powers and privileges and are subject to the duties, restrictions, and liabilities of other corporations, except so far as limited or enlarged by this chapter.