South Dakota Codified Laws 47-22-66. Powers of corporation–Pension plans
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Each corporation shall have power to pay pensions and establish pension plans or pension trusts for any or all of its directors, officers, and employees.
Terms Used In South Dakota Codified Laws 47-22-66
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Source: SL 1965, ch 24, § 5 (15).