{"data":{"id":"us-sd/sdcl-1-16a-15","jurisdiction":"us-sd","citation":"SDCL § 1-16A-15","heading":"Corporate powers of authority.","body":"The authority has the following powers together with all powers incidental or necessary for the performance thereof:\n(1) To have perpetual succession as a body politic and corporate;\n(2) To adopt bylaws for the regulation of its affairs and the conduct of its business;\n(3) To sue and be sued and to prosecute and defend, at law or in equity, in any court having jurisdiction of the subject matter and of the parties;\n(4) To have and to use a corporate seal and to alter the same at pleasure;\n(5) To maintain an office at such place or places as it may designate;\n(6) To do all things necessary and convenient to carry out the purposes of this chapter;\n(7) To establish a minimum amount of cash and investment reserves; and\n(8) [Repealed July 1, 2019 by SL 2018, ch 8, § 1.]","path":["TITLE 1. STATE AFFAIRS AND GOVERNMENT","CHAPTER 1-16A. HEALTH AND EDUCATIONAL FACILITIES AUTHORITY"],"source_url":"https://sdlegislature.gov/Statutes/1-16A-15","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"2e5a8484fd111b7cb697ff3bd117ce1ab19e3743e96b771bbc3bd40715ce9bed","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-1-16a-14","next":"us-sd/sdcl-1-16a-15.1"},"notice":"GroundRules: Original legal text. Not legal advice."}