S.D. Codified Laws § 42-7-66

Current through the 2024 Legislative Session
Section 42-7-66 - Investigation of stock ownership-Failure to disclose

The commission may conduct investigations to ascertain if any capital stock of any corporate applicant is held for an undisclosed principal. Failure to disclose a principal is a material false statement.

SDCL 42-7-66

SL 1978, ch 302, § 18; SL 1991, ch 349, § 18.