S.D. Codified Laws § 47-11G-6

Current with legislation signed by the governor on or before 3/6/2024
Section 47-11G-6 - Directors and officers

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.

SDCL 47-11G-6

SL 2022, ch 167, §6.
Added by S.L. 2022, ch. 167,s. 6, eff. 7/1/2022.