Subject to § 47-10-2, any business development credit corporation shall have the power to promote the establishment of local industrial development corporations in the various communities of the state, to enter into agreements with them, and to cooperate with, assist and otherwise encourage such local foundations.
S.D. Codified Laws § 47-10-7
Promotion of local development corporations
Source: SL 1957, ch 314, § 2; SDC Supp 1960, § 55.6002 (5).
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.