S.D. Codified Laws § 47-11G-6

Directors and officers

Last amended: 2022Year: 2025Length: 56 wordsOfficial source
The president of a corporation formed pursuant to this chapter must be a shareholder and director. To the extent possible, all other directors and officers must be persons having the qualifications set forth in § 47-11G-2 . Lay directors and officers may not exercise any authority over professional matters. Source: SL 2022, ch 167, § 6.
S.D. Codified Laws § 47-11G-6: Directors and officers | Justis AI