S.D. Codified Laws § 47-11D-3

Current through the 2024 Legislative Session
Section 47-11D-3 - Certification of officers, directors and shareholders

All of the officers, directors, and shareholders of a corporation created by this chapter shall at all times be persons certified pursuant to the provisions of chapter 36-4A. No person who is not so certified may have any part in the ownership or control of such corporation, nor may any proxy to vote any shares of such corporation be given to a person who is not so certified.

SDCL 47-11D-3

SL 1993, ch 337, § 3.