{"data":{"id":"us-sd/sdcl-47-1a-301","jurisdiction":"us-sd","citation":"SDCL § 47-1A-301","heading":"Purposes.","body":"Any corporation incorporated under this chapter has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of incorporation.\nA corporation engaging in a business that is subject to regulation under another statute of this state may incorporate under this chapter only if permitted by, and subject to all limitations of, the other statute.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-1A. SOUTH DAKOTA BUSINESS CORPORATION ACT"],"source_url":"https://sdlegislature.gov/Statutes/47-1A-301","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"164a5903b5725f7ad3084e9671b20824b52cf7b414cc1893cb8f5e311e92de68","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-1a-207","next":"us-sd/sdcl-47-1a-302"},"notice":"GroundRules: Original legal text. Not legal advice."}