2018 South Dakota Codified Laws
Title 47 - CORPORATIONS
Chapter 22 - Nonprofit Corporations--Formation And General Powers
§ 47-22-57 Powers of corporation--Lending money.
47-22-57. Powers of corporation--Lending money. 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.
Source: SL 1965, ch 24, § 5 (6).
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