Powers and privileges restricted to corporate purpose

SDCL § 47-11A-3 — under CHIROPRACTIC CORPORATIONS.

SDCL § 47-11A-3

A corporation formed under § 47-11A-1 may exercise the powers and privileges conferred upon corporations by the laws of the State of South Dakota only in furtherance of and subject to its corporate purpose. Source: SL 1970, ch 258 , § 1 (3).