South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 47-22-60: Powers of corporation--Lending--Investing--Property holding.

Where this section sits in the code

TITLE 47. CORPORATIONS
CHAPTER 47-22. NONPROFIT CORPORATIONS--FORMATION AND GENERAL POWERS

Each corporation shall have power to lend money for its corporate purposes, invest and reinvest its funds, and take and hold real and personal property as security for the payment of funds so loaned or invested.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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