Sections 47-22-68.2 to 47-22-68.7, inclusive, shall not apply to any corporation to the extent that a court of competent jurisdiction shall determine that such application would be contrary to the terms of any instrument described in § 47-22-68.2 and that such instrument may not properly be changed to conform to §§ 47-22-68.2 to 47-22-68.7, inclusive.
S.D. Codified Laws § 47-22-68.8
Judicial determination that required restrictions would be contrary to charter
Known as the South Dakota Nonprofit Corporation Act
The act spans §§ 47-22-1 to 47-22-9 (90 sections).
Source: SL 1972, ch 244, § 3.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.