South Dakota Statutes
§ 47-22-57 — Powers of corporation--Lending money.
South Dakota § 47-22-57
JurisdictionSouth Dakota
Title 47CORPORATIONS
Ch. 47-22NONPROFIT CORPORATIONS--FORMATION AND GENERAL POWERS
This text of South Dakota § 47-22-57 (Powers of corporation--Lending money.) 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 § 47-22-57 (2026).
Text
Each corporation shall have power to lend money to its employees other than its officers and directors, and otherwise assist its employees, officers, and directors.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
SL 1965, ch 24, § 5 (6).
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Repealed§ 47-1-3
Repealed§ 47-10-1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 § 47-22-57, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-22-57.