South Dakota Statutes
§ 47-22-69 — Ultra vires unavailable to invalidate transfers of property.
South Dakota § 47-22-69
JurisdictionSouth Dakota
Title 47CORPORATIONS
Ch. 47-22NONPROFIT CORPORATIONS--FORMATION AND GENERAL POWERS
This text of South Dakota § 47-22-69 (Ultra vires unavailable to invalidate transfers 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 § 47-22-69 (2026).
Text
No act of a corporation and no conveyance or transfer of real or personal property to or by a corporation shall be invalid by reason of the fact that the corporation was without capacity or power to do such act or to make or receive such conveyance or transfer.
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Legislative History
SL 1965, ch 24, § 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Repealed§ 47-1-3
Repealed§ 47-10-1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
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Bluebook (online)
South Dakota § 47-22-69, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/47-22-69.