State Codes and Statutes

Statutes > South-dakota > Title-36 > Chapter-21a > Statute-36-21a-5

36-21A-5. "Association" defined. For the purposes of this chapter, an association is any body of persons united and acting together without a charter, but upon the methods and forms used by incorporated bodies for the prosecution of some common enterprise. It is an unincorporated society and not a partnership. It is a body of persons invested with some, yet not full, corporate rights and powers.

Source: SL 1992, ch 273, § 5.

State Codes and Statutes

Statutes > South-dakota > Title-36 > Chapter-21a > Statute-36-21a-5

36-21A-5. "Association" defined. For the purposes of this chapter, an association is any body of persons united and acting together without a charter, but upon the methods and forms used by incorporated bodies for the prosecution of some common enterprise. It is an unincorporated society and not a partnership. It is a body of persons invested with some, yet not full, corporate rights and powers.

Source: SL 1992, ch 273, § 5.