47-22-55. Powers of corporation--Dealing in real or personal property.
Each corporation shall have power to purchase, take, receive, lease, take by gift, devise or bequest, or otherwise acquire, own, hold, improve, use and otherwise deal in and with, real or personal property, or any interest therein, wherever situated.
Source: SDC 1939, §§11.1703, 11.1803; SL 1965, ch 24, §5 (4).