A professional corporation may own real and personal property necessary or appropriate for rendering professional service and may invest its funds in real estate, mortgages, stocks, bonds, or any other type of investment. Source: SL 2000, ch 219 , § 12.
Ownership of property--Investment of funds
SDCL § 47-11F-12 — under HEALTH CARE CORPORATIONS, LIMITED LIABILITY COMPANIES AND LIMITED LIABILITY PARTNERSHIPS.
SDCL § 47-11F-12