S.D. Codified Laws § 43-30 app. 5-29

Current through the 2024 Legislative Session
Section 5-29 - Ultra vires not assumed

Where an instrument of a domestic or qualified foreign private corporation appears in the title, an examiner may assume that the corporation was authorized or not forbidden to acquire and sell the real property affected by instrument.

SDCL app TO CHAPTER 43-30 § 5-29