South Dakota Codified Laws 9-3-25. Governing board of historical or educational municipality–Rules and regulations
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The governing board of such municipality shall be the officers and directors of the corporation forming and organizing such municipality and the rules and regulations of the municipality shall be those as provided in the articles of incorporation and the bylaws of said corporation.
Terms Used In South Dakota Codified Laws 9-3-25
- 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, § 3.