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South Dakota Laws > Title 47 > Chapter 22 - Nonprofit Corporations--Formation And General Powers

 

South Dakota Laws > Title 47 > Chapter 22 - Nonprofit Corporations--Formation And General Powers


Current as of: 2010
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§ 47-22-1Definitions
§ 47-22-2Applicability to domestic corporations
§ 47-22-2.1Applicability to corporations existing prior to 1965
§ 47-22-3Applicability to foreign corporations
§ 47-22-4Purposes and authority of corporations--Particular purposes--Exceptions
§ 47-22-5Incorporators--Articles of incorporation
§ 47-22-6Contents of articles of incorporation--Necessary recitals
§ 47-22-7Corporate name--Indication of purpose
§ 47-22-8.1Use of same or similar name prohibited--Non-English name to be transliterated
§ 47-22-9Reservation of name--Parties entitled to reserve
§ 47-22-10Procedure for reservation of name--Maximum time of reservation
§ 47-22-11Transfer of reserved right--Notification to secretary of state
§ 47-22-12Articles of incorporation--Endorsement and filing by secretary of state--Issuance of certificate of incorporation
§ 47-22-13Commencement of corporate existence--Certificate as conclusive evidence of compliance--Exceptions
§ 47-22-14Amending articles of incorporation
§ 47-22-15Procedure for amendment
§ 47-22-16Resolution of amendment--Submission to members at meeting--Notice of meeting--Contents of notice--Written notice of adoption required--Majority vote required
§ 47-22-17Procedure in absence of members entitled to vote--Adoption of amendment by board of directors
§ 47-22-18Submission of more than one amendment
§ 47-22-19Articles of amendment--Contents of articles
§ 47-22-20Delivery to secretary of state--Fees--Endorsement and filing--Issuance of certificate of amendment
§ 47-22-21Effective date of amendment
§ 47-22-22Preexisting actions unaffected--Change of name as not abating action
§ 47-22-23Restatement of articles of incorporation--Procedure
§ 47-22-24Resolution of restatement--Submission to members
§ 47-22-25Notice of proposed restatement--Contents of notice
§ 47-22-26Vote of membership--Majority vote required
§ 47-22-27Procedure in absence of members entitled to vote--Adoption of restatement by board of directors
§ 47-22-28Approval of restated articles--Contents of articles--Delivery to secretary of state
§ 47-22-28.1Restated articles may incorporate proposed amendments--Conditions
§ 47-22-29Approval by secretary of state--Fees--Endorsement and filing--Issuance of restated certificate of incorporation
§ 47-22-30Effective date of restated articles
§ 47-22-31Meeting of first board of directors--Organization meeting--Notice of meeting
§ 47-22-32First meeting of members--Notice of meeting
§ 47-22-33Adoption of initial bylaws--Amendment of bylaws--Permissible contents of bylaws
§ 47-22-34Changing number of board of directors--Bylaws controlling absent provision in articles
§ 47-22-35Emergency bylaws--Conditions creating emergency
§ 47-22-36Provisions of emergency bylaws--Meetings of directors--Attendance--Priorities
§ 47-22-37Modification of lines of succession during emergency
§ 47-22-38Changing head office during emergency
§ 47-22-39Duration of emergency bylaws
§ 47-22-40Notice of meetings during emergency--Quorum
§ 47-22-41Liability for actions during emergency--Willful misconduct
§ 47-22-52Powers of corporation--Perpetual succession
§ 47-22-53Powers of corporation--Capacity to sue and be sued
§ 47-22-54Powers of corporation--Corporate seal
§ 47-22-55Powers of corporation--Dealing in real or personal property
§ 47-22-56Powers of corporation--Disposal of corporate assets
§ 47-22-57Powers of corporation--Lending money
§ 47-22-58Powers of corporation--Securities holdings--Government obligations
§ 47-22-59Powers of corporation--Contracting--Borrowing--Issuance of securities
§ 47-22-60Powers of corporation--Lending--Investing--Property holding
§ 47-22-61Powers of corporation--Extraterritorial operations
§ 47-22-62Powers of corporation--Officers and agents
§ 47-22-63Powers of corporation--Adoption of bylaws
§ 47-22-64Powers of corporation--Donations--Wartime donations
§ 47-22-65.1Powers of corporation--Indemnification--Defense of actions
§ 47-22-65.2Indemnification against expenses and attorneys' fees
§ 47-22-65.3Authorization of indemnification--Requirements--Manner of determination
§ 47-22-65.4Authorization of payment of expenses prior to final disposition of action--Receipt of undertaking--Terms and conditions
§ 47-22-65.5Indemnification not exclusive of other rights--Continuation of benefits to former employees--Benefits to deceased employees
§ 47-22-65.6Powers of corporation--Purchase and maintenance of liability insurance
§ 47-22-65.7Corporation defined
§ 47-22-65.8Definition of other terms
§ 47-22-66Powers of corporation--Pension plans
§ 47-22-67Powers of corporation--Cessation of activities
§ 47-22-68Powers of corporation--Other powers
§ 47-22-68.1Restrictions on private foundations--Definition of terms
§ 47-22-68.2Restrictive provisions as to income and property deemed incorporated in foundation charter
§ 47-22-68.3Self-dealing by foundation prohibited
§ 47-22-68.4Distributions required of foundation
§ 47-22-68.5Excess business holdings prohibited to foundation
§ 47-22-68.6Investments which jeopardize charitable purpose prohibited to foundation
§ 47-22-68.7Taxable expenditures prohibited to foundation
§ 47-22-68.8Judicial determination that required restrictions would be contrary to charter
§ 47-22-68.9State powers over corporation unimpaired
§ 47-22-69Ultra vires unavailable to invalidate transfers of property
§ 47-22-70Circumstances under which ultra vires may be asserted--Actions by members or directors--Injunctions
§ 47-22-71Circumstances under which ultra vires may be asserted--Actions by corporation against officers or directors
§ 47-22-72Circumstances under which ultra vires may be asserted--Actions by attorney general to dissolve or enjoin corporation
§ 47-22-73Unauthorized acting as corporation--Liability
§ 47-22-74Legislative power to prescribe additional regulations
§ 47-22-75Prior incorporations validated--Previously pending actions
§ 47-22-76Rights vested under prior statutes unaffected
§ 47-22-77Severability and saving clause
§ 47-22-78Citation of nonprofit corporation law

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Questions & Answers: Non-Profit Corporations

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South Dakota Laws: Non-Profit Corporations

South Dakota Laws > Title 47 > Chapter 22 - Nonprofit Corporations--Formation And General Powers
South Dakota Laws > Title 47 > Chapter 23 - Nonprofit Corporations--Members, Directors, Officers And Agents
South Dakota Laws > Title 47 > Chapter 24 - Nonprofit Corporations--Records, Fiscal Affairs And Reports
South Dakota Laws > Title 47 > Chapter 25 - Nonprofit Corporations--Reorganization
South Dakota Laws > Title 47 > Chapter 26 - Nonprofit Corporations--Dissolution And Liquidation
South Dakota Laws > Title 47 > Chapter 27 - Foreign Nonprofit Corporations
South Dakota Laws > Title 47 > Chapter 28 - Nonprofit Corporations--Supervision By Secretary Of State

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