Powers exercised only for authorized purpose--Incompatible services prohibited.

  1. Law
  2. South Dakota Codified Laws
  3. Corporations
  4. Professional Corporations For The Practice Of Public Accounting
  5. Powers exercised only for authorized purpose--Incompatible services prohibited.

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47-13B-3. Powers exercised only for authorized purpose--Incompatible services prohibited.

The corporation may exercise the powers and privileges conferred upon corporations by the laws of the State of South Dakota only in furtherance of and subject to its corporate purpose, the practice of accountancy in the State of South Dakota, and shall not provide services that are incompatible with the practice of public accountancy.

Source: SL 1971, ch 260, §1 (3).


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