South Dakota Statutes
§ 47-13B-3 — Powers exercised only for authorized purpose--Incompatible services prohibited.
South Dakota § 47-13B-3
JurisdictionSouth Dakota
Title 47CORPORATIONS
Ch. 47-12PROFESSIONAL CORPORATIONS FOR THE PRACTICE OF PUBLIC ACCOUNTING
This text of South Dakota § 47-13B-3 (Powers exercised only for authorized purpose--Incompatible services prohibited.) 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 § 47-13B-3 (2026).
Text
The corporation may exercise the powers and privileges conferred upon corporations by the laws of the State of South Dakota only in furtherance of and subject to its corporate purpose, the practice of accountancy in the State of South Dakota, and shall not provide services that are incompatible with the practice of public accountancy.
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Legislative History
SL 1971, ch 260, § 1 (3).
Nearby Sections
15
§ 47-1-1
Repealed§ 47-1-3
Repealed§ 47-10-1
Purposes of corporations.§ 47-10-10
Incorporators.§ 47-10-11
Directors--Number and term of office.§ 47-10-13
Accumulation of surplus--Use of surplus.§ 47-10-14
Persons authorized to hold common stock.§ 47-10-18
Nonstockholder members--Duty to lend.§ 47-10-2
Powers of corporations.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 47-13B-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-13B-3.