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2011 South Dakota Code
Title 43 PROPERTY
Chapter 30. Marketable Title To Real Estate
§5-29. Ultra vires not assumed.


SD Codified L § 43-30S-5-29 (through 2011) What's This?

5-29. Ultra vires not assumed. Where an instrument of a domestic or qualified foreign private corporation appears in the title, an examiner may assume that the corporation was authorized or not forbidden to acquire and sell the real property affected by instrument.

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