South Dakota Codified Laws 49-35-3. District as public corporation and political subdivision–Capacity to sue and besued–General powers
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A district may be created as provided in this chapter, and when so created, shall be a public corporation and political subdivision of this state, and may sue or be sued in its corporate name, and have all other powers in chapters 49-35 to 49-40, inclusive, or hereafter prescribed by law and those incidental or necessary thereto.
Terms Used In South Dakota Codified Laws 49-35-3
- 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 1950 (SS), ch 17, § 4; SDC Supp 1960, § 52.1704.