There is a newer version
of
this Section
2019 South Dakota Codified Laws
Title 47 - Corporations
Chapter 22 - Nonprofit Corporations--Formation And General Powers
§ 47-22-68.3 Self-dealing by foundation prohibited.
Universal Citation: SD Codified L § 47-22-68.3 (2019)
47-22-68.3. Self-dealing by foundation prohibited. The corporation described in § 47-22-68.2 shall not engage in any act of self-dealing which would give rise to any liability for the tax imposed by section 4941(a) of the Internal Revenue Code.
Source: SL 1972, ch 244, § 2 (2).
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
