47-11E-3. Powers and privileges.
35 words·~1 min read·
/sd/title-47/chapter-47-11/47-11e-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A corporation formed pursuant to § 47-11E-1 may exercise the powers and privileges conferred upon corporations by the laws of the State of South Dakota only in furtherance of and subject to its corporate purpose.