Chapter
BUSINESS DEVELOPMENT CREDIT CORPORATIONS
- S.D. Codified Laws § 47-10-1— Purposes of corporations
- S.D. Codified Laws § 47-10-2— Powers of corporations
- S.D. Codified Laws § 47-10-3— Borrowing--Pledging security for borrowings
- S.D. Codified Laws § 47-10-4— Lending--Competition with lending institutions prohibited
- S.D. Codified Laws § 47-10-5— Terms and conditions of loans
- S.D. Codified Laws § 47-10-6— Purchase and sale of property
- S.D. Codified Laws § 47-10-7— Promotion of local development corporations
- S.D. Codified Laws § 47-10-8— Participation in federal programs
- S.D. Codified Laws § 47-10-9— Lending--Duty to give first opportunity to lending institution
- S.D. Codified Laws § 47-10-10— Incorporators
- S.D. Codified Laws § 47-10-11— Directors--Number and term of office
- S.D. Codified Laws § 47-10-12— Capitalization--Minimum capital before commencing business
- S.D. Codified Laws § 47-10-13— Accumulation of surplus--Use of surplus
- S.D. Codified Laws § 47-10-14— Persons authorized to hold common stock
- S.D. Codified Laws § 47-10-15— First annual meeting--Conditions--Subsequent annual meetings
- S.D. Codified Laws § 47-10-16— Classes of members--Stockholder members--Nonstockholder members
- S.D. Codified Laws § 47-10-17— Nonstockholder members--Establishment of line of credit
- S.D. Codified Laws § 47-10-18— Nonstockholder members--Duty to lend
- S.D. Codified Laws § 47-10-19— Nonstockholder members--Right to withdraw--Conditions
- S.D. Codified Laws § 47-10-20— Nonstockholder members--Liability for debts
- S.D. Codified Laws § 47-10-21— Nonstockholder members--Right to share in surplus
- S.D. Codified Laws § 47-10-22— Nonstockholder members--Payment before dissolution of corporation
- S.D. Codified Laws § 47-10-23— Legal investments
- S.D. Codified Laws § 47-10-24— Applicability of other laws