{"data":{"id":"us-sd/sdcl-47-22-68.1","jurisdiction":"us-sd","citation":"SDCL § 47-22-68.1","heading":"Restrictions on private foundations--Definition of terms.","body":"Terms as used in §§ 47-22-68.1 to 47-22-68.9, inclusive, shall have the following meaning:\n(1) \"Excess business holdings,\" as defined in section 4943(c) of the Internal Revenue Code;\n(2) \"Internal Revenue Code,\" the United States Internal Revenue Code of 1954, as amended;\n(3) \"Private foundation,\" as defined in section 509(a) of the Internal Revenue Code;\n(4) \"Self-dealing,\" as defined in section 4941(d) of the Internal Revenue Code;\n(5) \"Taxable expenditure,\" as defined in section 4945(d) of the Internal Revenue Code.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-22. NONPROFIT CORPORATIONS--FORMATION AND GENERAL POWERS"],"source_url":"https://sdlegislature.gov/Statutes/47-22-68.1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"a0dfb61cf1d3b192e2804c14c013f642f5d71a11c0ef18f63fe71c566cfb8f38","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-22-68","next":"us-sd/sdcl-47-22-68.2"},"notice":"GroundRules: Original legal text. Not legal advice."}