47-22-56. Powers of corporation--Disposal of corporate assets.
26 words·~1 min read·
/sd/title-47/chapter-47-22/47-22-56A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Each corporation shall have power to sell, convey, mortgage, pledge, lease, exchange, transfer, and otherwise dispose of all or any part of its property and assets.