§ 20:18:01:06

ARSD 20:18:01:06

Association -- Powers.

Effective Oct 1, 198916 SDR 57Source: 16 SDR 57, effective October 1, 1989. | General Authority: SDCL 42-7B-7. | Law Implemented: SDCL 42-7B-1 , 42-7B-2 , 42-7B-3 , 42-7B-4 , 42-7B-7 , 42-7B-14 , 42-7B-17 , 42-7B-43.

An association may use the methods and forms used by incorporated bodies for the pursuit of a common enterprise. It is an unincorporated society and not a partnership. It may be invested with some corporate rights and powers.

Source: 16 SDR 57, effective October 1, 1989.

General Authority: SDCL 42-7B-7.

Law Implemented: SDCL 42-7B-1 , 42-7B-2 , 42-7B-3 , 42-7B-4 , 42-7B-7 , 42-7B-14 , 42-7B-17 , 42-7B-43.