{"data":{"id":"us-sd/sdcl-47-22-71","jurisdiction":"us-sd","citation":"SDCL § 47-22-71","heading":"Circumstances under which ultra vires may be asserted--Actions by corporation against officers or directors.","body":"Notwithstanding § 47-22-69, the fact that a corporation was without capacity or power to do an act or to make or receive a conveyance or transfer of real or personal property may be asserted in a proceeding by the corporation, whether acting directly or through a receiver, trustee, or other legal representative, or through members in a representative suit, against the officers or directors of the corporation for exceeding their authority.","path":["TITLE 47. CORPORATIONS","CHAPTER 47-22. NONPROFIT CORPORATIONS--FORMATION AND GENERAL POWERS"],"source_url":"https://sdlegislature.gov/Statutes/47-22-71","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"a0202816b7827a20bf0844e5087cf811500c895cf5799d26fad4b76bd359df02","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-47-22-70","next":"us-sd/sdcl-47-22-72"},"notice":"GroundRules: Original legal text. Not legal advice."}