2011 South Dakota Code
Title 47 CORPORATIONS
Chapter 13B. Professional Corporations For The Practice Of Public Accounting
§47-13B-3 Powers exercised only for authorized purpose--Incompatible services prohibited.


SD Codified L § 47-13B-3 (through 2011) What's This?

47-13B-3. Powers exercised only for authorized purpose--Incompatible services prohibited. 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.

Source: SL 1971, ch 260, § 1 (3).

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