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South Dakota Laws 47-22-72 - Circumstances under which ultra vires may be asserted--Actions by attorney general to dissolve or enjoin corporation

South Dakota Laws > Title 47 > Chapter 22 > § 47-22-72 - Circumstances under which ultra vires may be asserted--Actions by attorney general to dissolve or enjoin corporation

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Notwithstanding § 47-22-69, the fact that a corporation is 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 attorney general, as provided in chapter 47-26, to dissolve the corporation, or in a proceeding by the attorney general to enjoin the corporation from performing unauthorized acts, or in any other proceeding by the attorney general.


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Non-Profit Corporations

South Dakota Laws 47-22-72 - Circumstances under which ultra vires may be asserted--Actions by attorney general to dissolve or enjoin corporation

South Dakota Laws > Title 47 > Chapter 22 > § 47-22-72 - Circumstances under which ultra vires may be asserted--Actions by attorney general to dissolve or enjoin corporation

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