Statutes > South Dakota Statutes > Title 47 - CORPORATIONS > Chapter 22 - Nonprofit Corporations--Formation And General Powers > Section 47-22-56 - Powers of corporation--Disposal of corporate assets.

Section 47-22-56 - Powers of corporation--Disposal of corporate assets.

47-22-56. Powers of corporation--Disposal of corporate assets. Each corporation shall have power to sell, convey, mortgage, pledge, lease, exchange, transfer, and otherwise dispose of all or any part of its property and assets.

Source: SL 1965, ch 24, § 5 (5).