Any such municipal corporation established under § 9-3-22 shall be named by the corporation forming the same and shall be known as an “historical municipality” or an “educational municipality.”

Terms Used In South Dakota Codified Laws 9-3-23

  • 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 1970, ch 55, § 6.