South Dakota Codified Laws 5-29-21. Research park corporation to have powers of nonprofit corporation
Current as of: 2023 | Check for updates
|
Other versions
A research park corporation formed pursuant to § 5-29-16 shall have all rights, powers, and privileges granted to nonprofit corporations pursuant to Title 47 which are necessary and convenient to carry out and to effectuate the provisions of this chapter.
Terms Used In South Dakota Codified Laws 5-29-21
- 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 2012, ch 46, § 21.