South Dakota § 47-10-6 Purchase and sale of property.

South Dakota Statutes

§ 47-10-6 — Purchase and sale of property.

South Dakota § 47-10-6

Title 47CORPORATIONS

Ch. 47-10BUSINESS DEVELOPMENT CREDIT CORPORATIONS

This text of South Dakota § 47-10-6 (Purchase and sale of property.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 47-10-6 (2026).

Text

Subject to § 47-10-2 , any business development credit corporation shall have the power to purchase, hold, lease, and otherwise acquire and to convey such real and personal estate as it may acquire in the satisfaction of debts, or pursuant to the terms and conditions of loans, or which it acquires in the foreclosure of mortgages thereon, or upon judgments for debt or in settlements to secure debts.

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Subject to § 47-10-2 , any business development credit corporation shall have the power to purchase, hold, lease, and otherwise acquire and to convey such real and personal estate as it may acquire in the satisfaction of debts, or pursuant to the terms and conditions of loans, or which it acquires in the foreclosure of mortgages thereon, or upon judgments for debt or in settlements to secure debts.